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Bluebook SAT Test Inference from Sample Statistics and Margin of Error 5

The table below shows results from two surveys about a proposed tax increase:
Survey X: 600 respondents, 54% in favor, margin of error ±4%

Survey Y: 150 respondents, 58% in favor, margin of error ±8%

Which survey provides a more precise estimate of the proportion in favor, and why?

Select your answer