Dr mack lemore wishes to estimate the proportion of people

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Dr. Mack Lemore wishes to estimate the proportion of people who buy items they know are defective from thrift shops because of the attractiveness of the price. In a sample of 812, he finds that 689 of the individuals would buy a defective item if it cost less than a dollar. Calculate the upper bound of a 99% confidence interval for the true proportion of people who would purchase a defective item.

Reference no: EM13628580

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