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One method of human locomotion that appears to have no function except to express joy is skipping, a skill usually learned in early and middle childhood. In surveys gathered over a 3-year period, University students were asked, "Approximately how long ago did you last spontaneously skip?" The total sample sizes and the numbers who responded "Less than 1 week ago" are given in the table below:
a)Construct a 95% confidence interval for the difference in the population proportions of males and females responding "Less than 1 week." Assume that it is reasonable to regard these samples as representative of the corresponding populations.
b)Does there appear to be a difference between the proportions of men and women responding "Less than 1 week?" Provide statistical justification for your answer.
Treasury Note
A medium-term government debt security with fixed interest rates and maturities typically ranging from 1 to 10 years.
Default Risk
The possibility that a borrower fails to meet the legal obligations or conditions of a debt.
Liquidity Risk
Refers to the uncertainty of a company's ability to meet its short-term financial commitments due to an inability to convert assets to cash quickly without significant loss.
Inflation Rates
The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.
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