Identify being well-off as an important personal goal

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Question: We want to be rich.

(a) Construct and interpret a 95% confidence interval for the true proportion p of all first-year students at the university who would identify being well-off as an important personal goal.

(b) Explain what the interval in part (a) tells you about whether the national value holds at this university.

Reference no: EM131767112

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