What type of educational background do CEOs have? In one survey, 344 CEOs of medium and large companies were asked whether they had an MBA degree. There were 97 MBAs. Estimate with 95% confidence the proportion of all CEOs of medium and large companies who have MBAs.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 30PPS
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What type of educational background do CEOs have? In one survey, 344 CEOs
of medium and large companies were asked whether they had an MBA
degree. There were 97 MBAs. Estimate with 95% confidence the proportion
of all CEOs of medium and large companies who have MBAs.
Transcribed Image Text:What type of educational background do CEOs have? In one survey, 344 CEOs of medium and large companies were asked whether they had an MBA degree. There were 97 MBAs. Estimate with 95% confidence the proportion of all CEOs of medium and large companies who have MBAs.
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