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Problem

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Textbook Expert
Textbook ExpertVerified Tutor
10 Nov 2021

Given information

The sample size is n=200 and the sample proportion is p=26%. The sampling error is E=2%

Step-by-step explanation

Step 1.

The sampling error of 2% tells us that the true population proportion of the executives who prefer trucks is within 2% of the sample proportion of 26% at the required confidence level.

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