TABLE 10-10 A Corporation Randomly Selects 150 Salespeople and Finds That 66

question 59

Short Answer

TABLE 10-10
A corporation randomly selects 150 salespeople and finds that 66% who have never taken a self-improvement course would like such a course. The firm did a similar study 10 years ago in which 60% of a random sample of 160 salespeople wanted a self-improvement course. The groups are assumed to be independent random samples. Let π₁ and π₂ represent the true proportion of workers who would like to attend a self-improvement course in the recent study and the past study, respectively.
-Referring to Table 10-10, construct a 99% confidence interval estimate of the difference in proportion of workers who would like to attend a self-improvement course in the recent study and the past study.

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Filing Of Shares

The process of registering shares with regulatory authorities, often related to the issuance of new shares or the meeting of disclosure requirements for public companies.

Time Periods

Specific intervals or durations marked by a beginning and an end, used to measure or denote time.

SEC

Short for the U.S. Securities and Exchange Commission, a federal agency responsible for regulating the securities industry and protecting investors.

Impose Fines

The act of levying financial penalties on individuals or entities as punishment for violations of laws or regulations.