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Use the Given Sample Data to Test the Claim That  Sample 1\text { Sample } 1

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Essay

Use the given sample data to test the claim that p1 < p2.Use a significance level of 0.10.  Sample 1\text { Sample } 1  Sample 2\text { Sample } 2 n1 = 462 n2 = 380
x1 = 84 x2 = 95


Definitions:

GDP

stands for Gross Domestic Product, a measure of a nation's total economic output and a key indicator of economic health.

NAFTA

The North American Free Trade Agreement, a treaty between the United States, Canada, and Mexico that eliminated most tariffs on trade between them.

GDP

Gross Domestic Product, a measure of the economic performance of a country, calculated as the total value of all goods and services produced over a specific time period.

Protectionism

An economic policy of restricting imports from other countries through methods such as tariffs and quotas to protect domestic industries.

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