Consider two independent binomial experiments. In the first one, 40 trials had 15 successes. In the second

Question:

Consider two independent binomial experiments. In the first one, 40 trials had 15 successes. In the second one, 60 trials had 6 successes.
(a) Is it appropriate to use a normal to approximate the 1 - 2 Explain.
(b) Find a 95% confidence interval for p1 - p2.
(c) Based on the confidence interval you computed, can you be 95% confident that p1 is more than p2? Explain.
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...