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

question 46

Essay

Using a 90 percent confidence interval for the difference between the proportions of failures in factory 1 and factory 2,where p^1\hat { p } _ { 1 }
= .05, p^2\hat { p } _ { 2 }
= .04,n1 = 500,n2 = 2000 of [-.0076,.0276],can we reject the null hypothesis at α = .10?

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Definitions:

Subsidiary

A company that is controlled by another company, typically through majority share ownership.

Fair Value

The value obtained for offloading an asset or incurred in passing on a liability in a smooth transaction among those active in the market on the evaluation date.

Bonds Payable

Long-term debt securities issued by a company, promising to pay a specified sum of money at a future date.

Straight Line Amortization

A method of gradually reducing the book value of an intangible asset over its useful life in equal installments.

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