Create interval estimate for true proportion of retirement

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Reference no: EM13136546

The Target Corporation personnel director wants to estimate the number of employees within one year of retirement. A random sample of 120 employee records is selected, and 36 people are found to be within one year of retirement. Formulate an 84% interval estimate for the true proportion of employees within one year of retirement in the entire corporation.

Reference no: EM13136546

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