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Let p denote the true proportion of ticket holders who buy

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A proportion of a college basketball team's season ticket holders renew their tickets for the next season. Let p denote the true proportion of ticket holders who buy tickets again for the following season. A random sample of 125 ticket holders revealed 90 people plan on renewing their tickets. Give a point estimate for p and find the estimated margin of error.

Reference no: EM13610532

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