To find the confidence interval for the proportion of voters voting for your preferred candidate, we can use the formula for the confidence interval of a proportion:
CI = \hat{p} \pm z \times \sqrt{\frac{\hat{p}(1-\hat{p})}{n}}
where:
- \hat{p} is the sample proportion (40% or 0.40),
- z is the z-score corresponding to the desired confidence level (95% confidence level corresponds to z = 1.96),
- n is the sample size (300).
Plugging in the values, we get:
CI = 0.40 \pm 1.96 \times \sqrt{\frac{0.40 \times 0.60}{300}}
Calculating this expression gives us the 95% confidence interval for the proportion of voters voting for your preferred candidate.
CI = 0.40 \pm 1.96 \times \sqrt{\frac{0.24}{300}}
CI = 0.40 \pm 1.96 \times \sqrt{0.0008}
CI = 0.40 \pm 1.96 \times 0.02828
CI=0.40\pm0.0554
So, the 95% confidence interval concerning the proportion of voters voting for your preferred candidate is \boxed{0.3446\text{ to }0.4554} .