(Steps Shown) A random sample of 2000 persons from the labor force of a large city are interviewed, and 175 of them are found to be unemployed. a) Compute a
Question:
A random sample of 2000 persons from the labor force of a large city are interviewed, and 175 of them are found to be unemployed.
a) Compute a 98% confidence interval for the rate of unemployment.
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