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8. In a sample of 200 residents of Georgetown County, 120 reported that they believed thecounty real estate taxes were too high. a. Develop a

8. In a sample of 200 residents of Georgetown County, 120 reported that they believed thecounty real estate taxes were too high.

a. Develop a 99 percent confidence interval for the proportion of residents who believe the tax rate is too high.

b. Would it be reasonable to conclude that a majority of taxpayers believe that the taxes are too high?

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