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Question 4 If 54% of a sample of 525 people leaving a shopping mall claims to have spent of $25, determine a 99% confidence level
Question 4
If 54% of a sample of 525 people leaving a shopping mall claims to have spent of $25, determine a 99% confidence level esitmate for the proportion of shopping mall customers who spend over $25. Round all calculations to the nearest hundredth.
p-hat =____________
q-hat =____________
zc=_______________
E =________________
confidence interval:___________< p <___________
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