Let P₁ Represent the Population Proportion of U

question 69

Short Answer

Let p₁ represent the population proportion of U.S. senatorial and congressional (House of Representatives) Democrats who are in favor of a new modest tax on junk food. Let p₂ represent the population proportion of U.S. senatorial and congressional Republicans who are in favor of a new modest tax on junk food. Out of the 265 Democratic senators and members of Congress, 106 of them are in favor of a junk food tax. Out of the 285 Republican senators and members of Congress, only 57 are in favor of a junk food tax. Find a 95 percent confidence interval for the difference between proportions l and 2.

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Definitions:

False Pretenses

A legal term referring to the act of intentionally misrepresenting the truth to obtain property or money from another.

Misdemeanors

Less serious criminal offenses that are punishable by fines or imprisonment for a period of less than one year.

Petty Offenses

Relate to minor legal violations that typically result in a small fine or other minor penalties.

Stock Option Backdating

The practice of setting the grant date of stock options to an earlier time than their actual issuance date, often to benefit the option recipient financially.