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A corporation is considering a new issue of convertible bonds. Management believes that the offer terms will be found attractive by 20% of all its
A corporation is considering a new issue of convertible bonds. Management believes that the offer terms will be found attractive by 20% of all its current stockholders. Suppose that the belief is correct. A random sample of 130 stockholders is taken. What is the probability that the sample proportion of those stockholders that find the terms attractive will be between .18 and 23?
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