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3.) Count the number of your 75 prices that exceed the 20th price listed in your data set and state it here _26 . Use
3.) Count the number of your 75 prices that exceed the 20th price listed in your data set and state it here _26 . Use n=75 and the number of successes as this number to create a 90% condence interval for the proportion of all stocks in your population that exceed this price. Provide the sample proportion and the Simple Asymptotic condence interval from the printout here: Sample Proportion: 0.34667 Simple Asymptotic 90% Cl: _ (0.25628. 0.43706) a. Give a practical interpretation for this interval. b. Is the sample size for this problem considered large? Why or why not? c. What assumption(s) islare necessary for this condence interval to be valid? Make sure you use the words of the problem when stating these assumptions
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