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(B) A financial officer for a company wants to estimate the percent of accounts receivable that are overdue. He surveys 500 accounts and finds that
(B) A financial officer for a company wants to estimate the percent of accounts receivable that are overdue. He surveys 500 accounts and finds that 350 are overdue. Find a 95% confidence interval for the proportion of all accounts receivable that are overdue. (Round your final answers to the nearest hundredth)
(C) Interpret the results (the intervals) you got in both the scenario given above (A and B)
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