THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 74

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
In a random sample of 125 large retailers,90 used regression as a method of forecasting.In an independent random sample of 160 small retailers,80 used regression as a method of forecasting.
-Based on the 95% confidence interval for the difference between the two population proportions,is there evidence that the population proportions are different?

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Definitions:

Biological Assets

Living plants or animals that are used in agricultural production or held for sale, whose value and productivity can change over time due to biological transformation.

Financial Instruments

Transactions that lead to the formation of a financial asset for one entity and, at the same time, a financial liability or an equity tool for a different entity.

Construction Contracts

Agreements for the construction of a specific asset or a group of assets that are closely interrelated or interdependent in terms of design, technology, function, or purpose.

FOB Destination

A shipping term that indicates the seller is responsible for the goods and shipping costs until the merchandise reaches the buyer's location.