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In a study of 500 executives, 315 stated that their company informally monitored social networking sites to stay on top of information related to their company.

Construct a 95% confidence interval for the proportion of companies that informally monitor social networking sites.

Interpret the interval constructed in a.

If you want to construct a follow up study to within plus/minus 0.01 with 95% confidence, how many executives would you survey?

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  • Category:- Statistics and Probability
  • Reference No.:- M91116129

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