In a recent poll of 700 homeowners in the united states one


In a recent poll of 700 homeowners in the United States, one in two homeowners reports having a home equity loan that he or she is currently paying off. Using a confidence coefficient of 0.95, derive an interval estimate for the proportion of all homeowners in the United States that hold a home equity loan.

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Business Economics: In a recent poll of 700 homeowners in the united states one
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