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Use the two-proportions z-test to perform the required hypothesis test. Assume that independent simple randomsamples have been selected from the two populations. Use the P-value approach.
-A marketing survey involves product recognition in New York and California. Of 558 New Yorkers surveyed, 193 recognized the product while 196 out of 614 Californians recognized the product. At the 5% significance level, do the data provide sufficient evidence to conclude that the recognition rate in New York differs from the recognition rate in California?
Leader Irrelevance
The concept that leadership can sometimes have little to no effect on an organization's success or outcomes, often due to external factors.
Business Outcomes
The results or outputs that stem from the activities and strategies of a business or organization.
Centralized Leadership
A management structure where decision-making is concentrated at the top levels of the organization.
Managerial Succession
The process of planning and implementing the transition of leadership roles within an organization to ensure continuity.
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