An economist reports that 560 out of a sample of 1,200 middle-income American households actively participate in

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An economist reports that 560 out of a sample of 1,200 middle-income American households actively participate in the stock market.

a. Construct a 90% confidence interval of the proportion of middle-income Americans who actively participate in the stock market.

b. Can we conclude that the proportion of middle-income Americans that actively participate in the stock market is not 50%? P-69

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Business Statistics Communicating With Numbers

ISBN: 9780071317610

1st Edition

Authors: Kelly Jaggia

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Question Posted: Jul 25, 2024 08:01 AM

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An economist reports that 560 out of a sample of 1,200 middle-income American households actively participate in

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Business Statistics Communicating With Numbers

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