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14. A sample of 80 software engineers in Silicon Valley is taken and it is found that 20% of them earn approximately $50,000 per year.

14. A sample of 80 software engineers in Silicon Valley is taken and it is found that 20% of them earn approximately $50,000 per year. A point estimate for the true proportion of engineers in Silicon Valley who earn $50,000 per year is: a. 16 b. 0.2 C. 1 d. 0.95

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