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Describe the parameter of interest

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Reference no: EM132581552

In a survey of 1430 randomly selected college students, 1087 reported that they have at least one credit card.

a) Describe the parameter of interest.

b) Obtain a 92% confidence interval for the parameter. Check the required condition(s) to validate the interval. Interpret this interval in the context of the question.

Reference no: EM132581552

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