Write the Word or Phrase That Best Completes Each Statement $45 \%$

question 109

Multiple Choice

Write the word or phrase that best completes each statement or answers the question.
Use the traditional method to test the given hypothesis. Assume that the samples are independent and that they have been randomly selected
-In a random sample of 300 women, $45 \%$ favored stricter gun control legislation. In a random sample of 200 men, $25 \%$ favored stricter gun control legislation. Construct a $98 \%$ confidence interval for the difference between the population proportions $\mathrm { p } 1 - \mathrm { P } 2$ .

• A) \(0.092 < \mathrm { p } 1 - \mathrm { p } 2 < 0.308\)
• B) \(0.114 < \mathrm { p } _ { 1 } - \mathrm { p } 2 < 0.286\)
• C) \(0.102 < \mathrm { p } 1 - \mathrm { p } 2 < 0.298\)
• D) \(0.118 < \mathrm { p } 1 - \mathrm { p } 2 < 0.282\)

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Definitions:

Tax Burden

The measure of the total amount of taxes paid by an individual, a business, or another entity to the government.

Tax Burden

Refers to the total amount of tax that individuals or businesses must pay, relative to their income or profit.

Binding Price Ceiling

A limit imposed by the government on how high a price can be charged for a good or service, which is set below the equilibrium price, causing a shortage.

Tax Revenue

Government income obtained from taxation.