TABLE 10-10 The Following EXCEL Output Contains the Results of a Test

question 144

Short Answer

TABLE 10-10
The following EXCEL output contains the results of a test to determine if the proportions of satisfied guests at two resorts are the same or different.

-Referring to Table 10-10, construct a 99% confidence interval estimate of the difference in the population proportion of satisfied guests between the two resorts.

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Definitions:

Outside Company

A firm or business that is external or not directly connected to one's own organization.

Equity Method

An accounting technique used by companies to assess the profits earned by their investments in other companies, where the investment is recorded at original cost and adjusted for the investor's share of the investee's profit or loss.

Cash Dividend

A distribution of a company's earnings to shareholders in the form of cash.

Voting Common Stock

Shares that give the shareholder voting rights in corporate decisions, typically involving one vote per share owned.