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QUESTION
We wish to estimate the true proportion of Americans who feel that the typical CEO is over-compensated relative to the social value of the service...
We wish to estimate the true proportion of Americans who feel that the typical CEO is over-compensated relative to the social value of the service she/he performs. A random sample of 100 Americans yields 92 who share that sentiment. Give a 90 % confidence interval for the population proportion. Nearest 0.01.
C.I. = (.88, .96) HOW DID THEY ARRIVE AT THESE TWO ANSWERS?
