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Question: an automotive manufacturer wants to know the proportion of new...

Question details

An automotive manufacturer wants to know the proportion of new car buyers who prefer foreign cars over domestic. Step 2 of 2: Suppose a sample of 3190 new car buyers is drawn. Of those sampled, 2552 preferred domestic rather than foreign cars. Using the data, construct the 99% confidence interval for the population proportion of new car buyers who prefer foreign cars over domestic cars. Round your answers to three decimal places.

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