Country Financial, a financial services company, uses surveys of adults age 18 and older to determine if
Question:
a. State the hypotheses that can be used to test for a significant difference between the population proportions for the two years.
b. What is the sample proportion indicating that their financial security was more than fair in 2012? In 2010?
c. Conduct the hypothesis test and compute the p-value. At a .05 level of significance, what is your conclusion?
d. What is the 95% confidence interval estimate of the difference between the twopopulation proportions?
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Related Book For
Statistics For Business & Economics
ISBN: 9781285846323
12th Edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Camm, James Cochran
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