Daniel flipped a coin 100 times and 55 of the 100 flips were tails. He wanted to see how likely a result of 55 tails in 100 flips would be with a fair coin, so Daniel used a computer simulation to see the proportion of tails in 100 flips, repeated 100 times. Create a 95% confidence interval based on the data from the simulation, to the nearest hundredth, and state whether the observed proportion is within the margin of error of the simulation results.