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Marketing companies are interested in knowing the population percent of women who make the majority of household purchasing decisions. They randomly surveyed 200 households and
Marketing companies are interested in knowing the population percent of women who make the majority of household purchasing decisions. They randomly surveyed 200 households and found that in 120 of them, the woman made the majority of the purchasing decisions. We are interested in the population proportion of households where women make the majority of the purchasing decisions. State the distribution needed. Explain your reasoning.
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