A Polling Agency Wants to Estimate the Proportion of U

question 33

Essay

A polling agency wants to estimate the proportion of U.S. citizens who support the president's educational policies. They surveyed 1500 U.S. citizens and found a 95% confidence interval for the difference in proportions between men and women who support the president's educational policies as (-0.075 to 0.025) where population 1 is men and population 2 is women. Interpret the result and state if the assumptions are satisfied.

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Definitions:

Current Liabilities

financial obligations that a company owes and is expected to pay within the next year or within its normal operating cycle if longer.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Net Sales

The amount of sales revenue remaining after deducting returns, allowances for damaged or missing goods, and discounts.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period of time, resulting in a net profit or loss.