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Small sample: During an economic downturn, 13 companies were sampled and asked whether they were planning to increase their workforce. Only 3 of the 13
Small sample: During an economic downturn, 13 companies were sampled and asked whether they were planning to increase their workforce. Only 3 of the 13 companies were planning to increase their workforce. Use the small-sample method to construct a 95% confidence interval for the proportion of companies that are planning to increase their workforce. Round the answers to at least three decimal places. A 95% confidence interval for the proportion of companies that are planning to increase their workforce is I
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