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According to statistics reported on CNBC, a surprising number of motor vehicles are not covered by insurance. Sample results, consistent with the CNBC report, showed
According to statistics reported on CNBC, a surprising number of motor vehicles are not covered by insurance. Sample results, consistent with the CNBC report, showed 30of235 vehicles were not covered by insurance.
1.)What is the point estimate of the proportion of vehicles not covered by insurance (to 4 decimals)?
2.)Develop a95% confidence interval for the population proportion (to 4 decimals).
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