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The president of a university would like to estimate the proportion of the student population that live within 2 miles of campus. In a sample
The president of a university would like to estimate the proportion of the student population that live within 2 miles of campus. In a sample of 500 students, 417 live within 2 miles of campus.
a) What is the critical value for a 99% confidence interval for this sample?
b) Calculate the 99% confidence interval for the proportion of the student population who live within 2 miles of campus.
Interpret the interval you found in (b).
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