Question 3: in a random sample of 870 Professors 270 use written resources for financial planning and 408 use a financial planner. Use this information to determine and 95% confidence interval for the proportion of all professors that use a financial planner as their primary means for financial planning. 

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Question 3: in a random sample of 870 Professors 270 use written resources for financial planning and 408 use a financial planner. Use this information to determine and 95% confidence interval for the proportion of all professors that use a financial planner as their primary means for financial planning. 
In a random sample of 870 professors, 272 use written
resources for financial planning and 408 use a financial planner.
Use this information to determine a 95% confidence interval for
the proportion of all professors that use a financial planner as
their primary means for financial planning.
(0.44, 0.50)
(0.28, 0.34)
(0.43, 0.50)
(0.29, 0.35)
Transcribed Image Text:In a random sample of 870 professors, 272 use written resources for financial planning and 408 use a financial planner. Use this information to determine a 95% confidence interval for the proportion of all professors that use a financial planner as their primary means for financial planning. (0.44, 0.50) (0.28, 0.34) (0.43, 0.50) (0.29, 0.35)
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