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A survey designed to obtain information on the proportion of all registered voters who are in favor of constitutional amendment requiring a balanced budget results
A survey designed to obtain information on the proportion of all registered voters who are in favor of constitutional amendment requiring a balanced budget results in a sample size of n=500. Of the 500 voters sampled, 310 are in favor of such a constitutional amendment.
A.What is the point estimate of the proportion of all registered voters who are in favor of a constitutional amendment requiring a balanced budget?
B. Calculate and interpret the 99% confidence interval for p.
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