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Researching some aspect of a population

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Say you were researching some aspect of a population, and the sample proportion is 25% with a margin of error of 4% at the 95% confidence level. Does this mean that there is 95% chance that the population proportion is between 21% and 29%? Why or why not, and what might be the implications for your research in either case?

Reference no: EM132168162

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