Provide an Appropriate Response $\mathrm { p } _ { 1 } \neq \mathrm { p } _ { 2 }$

question 38

Short Answer

Provide an appropriate response.
-Test the hypothesis that $\mathrm { p } _ { 1 } \neq \mathrm { p } _ { 2 }$ . Use $\alpha = 0.02$ . The sample statistics listed below are from independent samples. Sample statistics; $\mathrm { n } _ { 1 } = 1000 , \mathrm { x } _ { 1 } = 250$ , and $\mathrm { n } _ { 2 } = 1200 , \mathrm { x } _ { 2 } = 195$ .

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Definitions:

Potential Drop

An anticipated decrease in value or performance, often used in the context of stocks or electrical voltage.

Earnings

The profit a company generates during a particular period, often used as a measure of its financial performance.

Effective Rate

The effective rate is the actual interest rate that a borrower pays on a loan or receives on a deposit account, after the compounding of interest is taken into account.

Contract Rate

The interest rate specified in a financial contract, notably in loans or leases, that must be paid over the duration of the agreement.