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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 90% 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.
Mutual Obligation
A reciprocal agreement where each party has duties or responsibilities towards the other, typically seen in contracts or social relationships.
Developing Countries
Nations with a lower standard of living, underdeveloped industrial base, and low Human Development Index relative to other countries.
Ethical Tone
The overall mood or character regarding ethics within an organization, reflecting its commitment to ethical principles in decision-making and actions.
Ethical Standards
Principles that guide behavior and practices in both personal and professional contexts, based on notions of right and wrong.
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