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A researcher wants to estimate the proportion of new businesses that go bankrupt in their first year of operation. A random sample of 100 new

A researcher wants to estimate the proportion of new businesses that go bankrupt in their first year of operation. A random sample of 100 new businesses is taken and 20 of these went bankrupt in their first year of operation. Compute the 95% confidence interval for the proportion of businesses that go bankrupt in their first year of operation.

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