Instruction 10-9 A Corporation Randomly Selects 150 Salespeople and Finds That 66

question 29

Short Answer

Instruction 10-9
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 Instruction 10-9,construct a 99% 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:

Collaboration

The process of two or more people or organizations working together to complete a task or achieve a goal.

Meeting Minutes

The written record of the main points discussed and decisions made during a meeting, meant to serve as an official document.

Intranets

Private networks accessible only to an organization's staff, often used to share information, operational systems, or computing services within the organization.

Extranets

External networks that allow controlled access to a company's information or operations by specific external parties.