SCENARIO 10-10
a Corporation Randomly Selects 150 Salespeople and Finds $\pi$

question 197

Multiple Choice

SCENARIO 10-10
A corporation randomly selects 150 salespeople and finds that 66% who have never taken a self- improvement course would like such a course.The firm did a similar study 10 years ago in which 60% of a random sample of 160 salespeople wanted a self-improvement course.The groups are assumed to be independent random samples.Let $\pi$ ₁ and $\pi$ ₂ represent the true proportion of workers who would like to attend a self-improvement course in the recent study and the past study,respectively.
-Referring to Scenario 10-10,what is the estimated standard error of the difference between the two sample proportions?

• A)0.629
• B)0.500
• C)0.055
• D)0

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Definitions:

Clearly And Concisely

Expressing ideas or information in a straightforward and brief manner without losing clarity.

Accounting Improprieties

Actions or practices that deviate from accepted accounting practices and principles, often intended to manipulate financial statements.

Financial Targets

Specific goals set by a business related to financial performance measures, such as revenue, profit margins, or return on investment.

Audit Procedures

Actions taken by auditors to gather evidence regarding the accuracy, completeness, and validity of a company’s financial records and statements.