Find a 90 Percent Confidence Interval for the Difference Between $\hat { p } _ { 1 }$

question 65

Essay

Find a 90 percent confidence interval for the difference between the proportions of failures in factory 1 and factory 2,where $\hat { p } _ { 1 }$
= .05, $\hat { p } _ { 2 }$
= .04,n₁ = 500,n₂ = 2000.

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Definitions:

Regular Price

The standard selling price of a product or service without any discounts, promotions, or special offers.

Manufacturer's Suggested

Retail price recommendation provided by manufacturers to retailers, suggesting the price point at which a product should be sold to consumers.

Bulk Order

A large quantity of goods purchased at one time, often at a discounted rate.

Promotional Allowance

Financial incentives offered by manufacturers to retailers or distributors for promoting their products.