The Owner of a Small Manufacturing Firm Is Concerned About

Essay

The owner of a small manufacturing firm is concerned about the high cost of health insurance for his employees.A random sample was taken from the total of 120 employees to determine whether they would support the owner's proposal for participation in a preferred-provider plan.Of the 50 employees sampled,28 strongly supported the plan.Construct a 95% confidence for the true proportion.
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Do you feel that the proposed plan would get majority support from the employees if put to a vote? Explain your answer.