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Using a sample of 250 informal producres, it was reported that 180 of them were paid more than the current minimum wage. Econometrician estimated a

Using a sample of 250 informal producres, it was reported that 180 of them were paid more than the current minimum wage. Econometrician estimated a confidence interval between 0.70 to 0.78 for the population parameter. Determine the confidence level of this interval.

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