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Suppose a Survey Is Taken of Two Groups of People

question 96

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Suppose a survey is taken of two groups of people where each person is asked a yes/no question and the proportion of people who answer yes is calculated for each group. Which of the following is true about a hypothesis test of the difference in the two proportions?


Definitions:

Entrepreneurs

Individuals who initiate, manage, and assume the risks of starting and running a new business venture, often bringing innovative products or services to the market.

Personal Credit History

A record of an individual's past borrowing and repayment activity, often used by lenders to assess creditworthiness.

Entrepreneurs

Individuals who initiate, manage, and assume the risks of a business or enterprise, aiming to bring innovative products or solutions to the market.

Lending Decisions

The process financial institutions undertake to evaluate the risk and determine the terms of credit to extend to borrowers.

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