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Suppose a sample of 3482 new car buyers is drawn. Of those sampled, 1253 preferred foreign over domestic cars. Using the data, estimate the proportion
Suppose a sample of 3482 new car buyers is drawn. Of those sampled, 1253 preferred foreign over domestic cars. Using the data, estimate the proportion of new car buyers who prefer foreign cars. Enter your answer as a fraction or a decimal number rounded to three decimal places.
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