Question: ( b ) Find a point estimate of the average participation rate for any number of plans with 1 , 5 1 9 total 4

(b) Find a point estimate of the average participation rate for any number of plans with 1,519 total 401k participants, 1,790 total eligible for 401k plan, and 2,557 total number of firm employees. (Round your answer to two decimal places.)

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