Short Answer
A proportion of a college basketball team's season ticket holders renew their tickets for the next season. Let p denote the true proportion of ticket holders who buy tickets again for the following season. A random sample of 125 ticket holders revealed 90 people plan on renewing their tickets. Give a point estimate for p and find the estimated margin of error.
The point estimate is: ______________
The margin of error is: ______________
Correct Answer:
Verified
Correct Answer:
Verified
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