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In a study of 750 randomly selected medical malpractice suits, it is found that 452 of them were dropped or dismissed.
1. What is the best point estimate of the proportion of medical malpractice suits that were dropped or dismissed?
2. Construct a 95% confidence interval estimate of the proportion of medical malpractice suits that were dropped or dismissed?
3. Does it appear that a majority of such suits were dropped or dismissed?
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