Explanation
Correct answer: B.
Choice B is correct. It was estimated that of the beads in the bag are red. Since the bag contains beads, it follows that there are an estimated red beads. It's given that the margin of error is , or beads. If the estimate is too high, there could plausibly be red beads. If the estimate is too low, there could plausibly be red beads. Therefore, the most plausible statement of the actual number of red beads in the bag is .
Desmos solution:
Note: The lower bound is (15-2)% of 10000 and the upper bound is (15+2)% of 10000, giving the range 1300 to 1700.
Enter in Desmos:
Reviewed and rewritten by CookSAT
Why the other choices are wrong
Choice A
Choice A is incorrect and may result from misinterpreting the margin of error. It's unlikely that more than beads in the bag are red.
Choice C
Choice C is incorrect because is the margin of error for the number of red beads, not the lower bound of the range of red beads.
Choice D
Choice D is incorrect and may result from misinterpreting the margin of error. It's unlikely that fewer than beads in the bag are red.