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A marketing company is interested in determining the proportion of population that is in their 50s and higher (include 50 years of age). They want
A marketing company is interested in determining the proportion of population that is in their 50s and higher (include 50 years of age). They want to construct a 96% confidence interval of the population proportion. Consider the sample labelled problem #2 in the Excel file sent and construct confidence interval. You will clearly indicate the (a) sample proportion, (b) the standard deviation used, and (c) the standard variable you used (z, or t or F etc.).
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