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A drug manufacturer wants to estimate the percentage of patients who experience cotton mouth when taking their heart medication. A survey of 700 patients who took their drug found that 72 experienced cotton mouth.

(a) Find a 95% confidence interval for the true proportion of patients who experienced cotton mouth. Show your calculations and/or describe the process used to obtain the interval.

(b) Interpret this confidence interval and prepare a sentence that describes it.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M9105251

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