Question: Consider again the Mendez Mortgage Company case study in Chapter 2. From a random sample of n = 350 accounts of the company's total portfolio,
Consider again the Mendez Mortgage Company case study in Chapter 2. From a random sample of n = 350 accounts of the company's total portfolio, estimate with 95% confidence the proportion of all the company's accounts in which the purchaser's latest FICO score was at least 750. The data is stored in the data file Mendez Mortgage.
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