A management professor was in the process of investigating

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A management professor was in the process of investigating

A management professor was in the process of investigating the relationship between education and managerial level achieved. The source of his data was a survey of 385 CEOs of medium and large companies. He discovered that there was only 1 CEO who did not have at least one university degree. Estimate (using a Wilson estimator) with 99% confidence the proportion of CEOs of medium and large companies with no university degrees.

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