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Statistics

Find the Standard error and confidence interval for proportion.

A home owner claims that the current market value of his house is at least \$400,000. Sixteen real estate agents were asked independently to estimate the house's value and 9 supported the homeowners claim.
i) Find out the standard Error of Proportion.
ii) Find out the 95% confidence interval for the population proportion.
iii) Find the 99 percent confidence interval for the population proportion.

Statistics and Probability, Statistics

• Category:- Statistics and Probability
• Reference No.:- M921955

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