In 2009, Sports Illustrated published an article citing the bankruptcy rate of former NFL players at...

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In 2009, Sports Illustrated published an article citing the bankruptcy rate of former NFL players at 78%! A new study by the National Bureau of Economic Research has blown Sports Illustrated’s claims out of the water. The study actually found that 15.7 percent — or one in six — of NFL players file for bankruptcy within 12 years of retirement. If a sample of 25 retired players were taken, what is the 97% confidence interval for the proportion that would file for bankruptcy (based on the new results, of course)?

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