Question: In a recent poll of 760 homeowners in the United

In a recent poll of 760 homeowners in the United States, one in five homeowners reports having a home equity loan that he or she is currently paying of. Using a confidence coefficient of 0.90, derive an interval estimate for the proportion of all homeowners in the United States that hold a home equity loan.


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  • CreatedJanuary 28, 2015
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