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A local gas station is looking to measure the proportion of customers who do not purchase diesel fuel at the pump. They decided to conduct
A local gas station is looking to measure the proportion of customers who do not purchase diesel fuel at the pump. They decided to conduct a study on 375 customers that bought gas at the station and determined that 92 of them bought diesel.
What is the point estimate for the true proportion?
What is Maximal Margin of Error (E) at 95% confidence?
Construct a 95% confidence interval for the true proportion of interest.
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