Use the Two-Proportions Z-Test to Perform the Required Hypothesis Test

question 12

Essay

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 critical-value approach.
-In a random sample of 360 women, 65% favored stricter gun control laws. In a random sample of 220 men, 60% favored stricter gun control laws. At the 0.05 significance level, do the data provide sufficient evidence to conclude that the proportion of women favoring stricter gun control is higher than the proportion of men favoring stricter gun control?

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Definitions:

Insuring Bank Deposits

A government or independent institution's act of providing a guarantee to bank depositors that their deposits will be protected up to a certain limit in the event of a bank failure.

Time Deposits

Time Deposits are savings accounts or certificates of deposit (CDs) that lock the depositor's funds for a certain period of time, during which early withdrawal incurs penalties.

Reserve Requirements

The portion of depositors' balances that banks must have on hand as cash, mandated by central banking authorities.

Treasury Bills

Short-term government securities issued with a promise to be paid back at a specified future date with a fixed interest rate.