Estimate the proportion of people


Dr. Mack Lemore wishes to estimate the proportion of people who buy items they know are defective from thrift shops because of the attractiveness of the price. In a sample of 812, he finds that 689 of the individuals would buy a defective item if it cost less than a dollar. Calculate the upper bound of a 99% confidence interval for the true proportion of people who would purchase a defective item.

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Basic Statistics: Estimate the proportion of people
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