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

question 155

Short Answer

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,construct a 99% confidence interval estimate of the difference in proportion of workers who would like to attend a self-improvement course in the recent study and the past study.

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Definitions:

Deception

The act of misleading or deceiving someone by presenting false information or concealing the truth.

Contract

A legally binding agreement between two or more parties that is enforceable by law, outlining obligations that each party must fulfill.

Failing Catering Business

A catering entity that is experiencing declining performance, revenue, or profitability, ultimately facing the risk of ceasing operations.

Undue Influence

An improper or unlawful exercise of power by one person over another to compel that person to act against his or her will, often seen in contractual or testamentary contexts.