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A one-sided confidence interval for can be written as or where the margin of error is modified by replacing with . If a teacher wants to report that the fail rate on a test is at most with confidence, construct the appropriate one -sided confidence interval. Assume that a simple random sample of 74 students results in 8 who fail the test.
Own Efforts
The personal endeavor or work done by an individual to achieve a goal without relying on the assistance of others.
Small Business Manager
A professional responsible for overseeing the day-to-day operations and decision-making of a small business.
Entrepreneur
An individual who initiates, operates, and assumes the risk for a business venture.
Start-Up Process Model
A framework outlining the stages and steps involved in launching a new business, from the initial idea to market entry.
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