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Is this statement correct, why or why not? A national auto magazine reported a 90% confidence...

Is this statement correct, why or why not?

A national auto magazine reported a 90% confidence interval for the proportion of cars made in Japan. The interval was based on a sample of 50 autos and was reported to be (30%, 47%). This means that we know between 30% and 47% of autos are made in Japan

Math   Statistics-And-Probability   
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TOPIC:Interpretation of the confidence interval.

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