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Babies weighing less than 5.5 pounds at birth are considered "low-birth-weight babies." In the United States, 7.6% of newborns are low-birth-weight babies. The following information was accumulated from samples of new births taken from two counties.
a.Develop a 95% confidence interval estimate for the difference between the proportions of low-birth-weight babies in the two counties.
b.Is there conclusive evidence that one of the proportions is significantly more than the other? If yes, which county? Explain, using the results of part (a). Do not perform any test.
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Profit Maximization
The process or strategy aimed at making the highest possible profit within a business, often seen as the primary goal of for-profit entities.
Health Care Fraud Settlement
Health care fraud settlement involves the resolution between parties, usually through legal means, relating to accusations of deceitful practices within healthcare services for financial gain.
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A global pharmaceutical corporation known for developing and manufacturing a wide range of healthcare products including medicines and vaccines.
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