What type of educational background do CEOs have? In one survey, 344 CEOs of medium and large companies were asked whether they had an MBA degree. There were 97 MBAs. Estimate with 95% confidence the proportion of all CEOs of medium and large companies who have MBAs.

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What type of educational background do CEOs have? In one survey, 344 CEOs of medium and large
companies were asked whether they had an MBA degree. There were 97 MBAs. Estimate with 95%
confidence the proportion of all CEOs of medium and large companies who have MBAs.

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