Question: The Mendez Mortgage Company case study was given in Chapter 2. A random sample of n = 350 accounts of the company's total portfolio was

The Mendez Mortgage Company case study was given in Chapter 2. A random sample of n = 350 accounts of the company's total portfolio was selected. Estimate the proportion of all the company's accounts with an original purchase price of less than $10,000. The data is stored in the data file Mendez Mortgage. Use α = 0.02.

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