Question
In 2009, Sports Illustrated published an article citing the bankruptcy rate of former NFL players at 78%! A new study by the National Bureau of
In 2009, Sports Illustrated published an article citing the bankruptcy rate of former NFL players at 78%! A new study by the National Bureau of Economic Research has blown Sports illustrated claims out of the water The study actually found that 15.7 percent - or one in six - of NFL players file for bankruptcy within 12 years of retirement. If a sample of 25 retired players were taken, what is the 94% confidence interval for the proportion that would file for bankruptcy (based on the new results, of course)?
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Business Statistics
Authors: Robert A. Donnelly
3rd Edition
134685261, 978-0134685267
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