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Mathematics, 18.03.2021 01:50 savannahvargas512

The phenomenon of bottle flipping has hit the nation. You design a machine that can randomly flip a bottle. You observe 2180 random, independent flips, and 325 land the correct way. Estimate the overall proportion of bottles that land correctly when flipped randomly. Use a 98% confidence level. Round everything to 3 decimal places. a) State the parameter of interest. Verify that the necessary conditions are present in order to carry out the procedure.

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