Claim: p 1 < p 2 ; = 0.05. Sample statistics: x 1 = 471, n

Question:

Claim: p₁ < p₂; α = 0.05.

Sample statistics: x₁ = 471, n₁ = 785 and x₂ = 372, n₂ = 465

Determine whether a normal sampling distribution can be used. If it can be used, test the claim about the difference between two population proportions p₁ and p₂ at the level of significance α. Assume the samples are random and independent.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...