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In a random sample of 2000 small business, it is found that 1400 were successful. Based on this information, what is an estimator of p,
In a random sample of 2000 small business, it is found that 1400 were "successful". Based on this information, what is an estimator of p, the true proportion of small business that are successful?
A. | 75% | |
B. | 70% | |
C. | 55% | |
D. | 80% |
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