It has been estimated that 48% of U.S. households headed by persons in the 35 44 age

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It has been estimated that 48% of U.S. households headed by persons in the 35– 44 age group own mutual funds. Assuming this finding to be based on a simple random sample of 1000 households headed by persons in this age group, construct a 95% confidence interval for π = the population proportion of such households that own mutual funds.
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