Local government officials are interested in knowing if taxpayers are willing to support a school bond initiative that will require an increase in property taxes. A random sample of 750 likely voters was taken. Four hundred of those sampled favored the school bond initiative. The 98% confidence interval for the true proportion of voters favoring the initiative is ___________.
Added by Crystal Y.
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So, p̂ = 400/750 = 0.5333. Show more…
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