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A Population Proportion Is to Be Estimated from the Sample 61.9%61.9 \%

question 3

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A population proportion is to be estimated from the sample described. Approximate the 95% confidence interval. Round your answer to four decimal places, if necessary.
-A researcher wishes to estimate the proportion of left handed people among a certain population. In a random sample of 1000 people from the population, 61.9%61.9 \% are left-handed. Find the 95%95 \% confidence interval for the population proportion of left-handed people.


Definitions:

Financial Covenants

Conditions set by lenders in loan agreements that the borrower must adhere to, designed to maintain the borrower's financial stability and safeguard the loan repayment.

Accounting Changes

Adjustments made to the accounting methods, estimates, or reporting entities of a firm, which must be disclosed to stakeholders to ensure transparency.

Discretionary Accruals

Accounting adjustments made by management's judgment, often to smooth out earnings or manipulate financial statements.

Increase Income

A financial objective focused on enhancing the amount of earnings generated by an individual or entity.

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