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

question 14

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 90% 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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Definitions:

Technical Skills

Specific abilities or knowledge related to particular tasks, technologies, or fields of work.

Equity Theory

A theory in social psychology that explains how individuals perceive fairness in the distribution of resources within interpersonal relationships.

Input

Information, ideas, or feedback provided by one or more individuals that can influence or modify a process or decision.

Largest Account

Refers to the customer or client that generates the highest revenue for a company, often receiving special attention or terms due to their importance.