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    Statistics for Business and Economics Study Set 1
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    Exam 22: Sample Survey
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    A Random Sample of 60 Elements Was Selected from a Population
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A Random Sample of 60 Elements Was Selected from a Population

Question 52

Question 52

Essay

A random sample of 60 elements was selected from a population of size 400.The sample proportion A random sample of 60 elements was selected from a population of size 400.The sample proportion    a.Estimate the standard error of the proportion. b.Develop an approximate 95% confidence interval for the population proportion.
a.Estimate the standard error of the proportion.
b.Develop an approximate 95% confidence interval for the population proportion.

Correct Answer:

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a.0.052
b....

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