A bag containing 10,000 beads of assorted colors is purchased from a craft store. To estimate the percent of red beads in the bag, a sample of beads is selected at random. The percent of red beads in the bag was estimated to be 15%, with an associated margin of error of 2%. If $r$ is the actual number of red beads in the bag, which of the following is most plausible?

Question

Accepted Answer

1,300 $<$ $r$ < 1,700

Answer

$r$ > 1,700

Answer

200 $<$ $r$ < 1,500

Answer

$r$ < 1,300