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Mathematics, 11.02.2020 20:03 madisonwr

A philanthropic organization knows that its donors have an average age near 60 and is considering taking out an ad in the Canadian Association of Retired People (CARP) magazine. An analyst wonders what proportion of their donors are actually 50 years old or older. He takes a random sample of the records of 467 donors and found that 300 were actually 50 years old or older. Construct a 95% confidence interval for the proportion of donors who are 50 years old or older.

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