The Following MINITAB Output Display Presents a 95% Confidence Interval

question 44

Multiple Choice

The following MINITAB output display presents a 95% confidence interval for the difference between two proportions. $\begin{array} { l r r c } \text { Sample } & \mathrm { X } & \mathrm { N } & \text { Sample P } \\ 1 & 29 & 628 & 0.046178 \\ 2 & 106 & 625 & 0.169600 \end{array}$

Difference $= p ( 1 ) - p ( 2 )$
Estimate for difference: $- 0.123422$
$95 \%$ CI for difference: $( - 0.152 , - 0.095 )$

What is the point estimate of $p _ { 1 } - p _ { 2 }$ ?

• A) -0.123422
• B) 0.215778
• C) 0.108
• D) 0.057

Understand the impact of Federal Reserve's policies on inflation, interest rates, and the money supply.

Grasp the functioning of open market operations and their role in monetary policy.

Distinguish between actual, required, and excess reserves in the banking system.

Recognize the significance and mechanisms of federal funds and their rates.

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