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Suppose that a market research firm is hired to estimate the percent of adults living in a large city who have cell phones. 94 randomly

Suppose that a market research firm is hired to estimate the percent of adults living in a large city who have cell phones. 94 randomly selected adult residents in this city are surveyed to determine whether they have cell phones. Of the 94 people sampled, 48 responded yes - they own cell phones. Using a 95% confidence level, what isan Error Bound (EBM)for the true proportion of adult residents of this city who have cell phones?

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