Confidence Interval for Proportion
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According to a national survey of 1,500 Silverman Sachs customers, 1,050 of them were either satisfied or very satisfied with their financial advisor.
Find a 95% confidence interval for the true proportion of customers who are either satisfied or very satisfied with their financial advisor.
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This solution is comprised of detailed explanation and step-by-step calculation of the given problem. Calculations have been shown both in text and EXCEL for better understanding. The solution provides students with a clear perspective of the underlying concept.
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- MSc, Osmania University
- MSc, Indian Institute of Technology - Roorkee (I.I.T.-ROORKEE)
- BSc, Banaras Hindu University
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