13
AssignmentMultiple Dropdowns

Estimating the Difference between Two Population Proportions

Question 13 • CA-Statistics and Probability B

A bank wants to estimate the difference in the proportion of its "big" customers who have a second account with a different bank and the proportion of its "small" customers who also have an account with another bank. Of the 200 “big” customers who were randomly selected, 160 claimed to also bank with other banks. Of the 300 “small” customers who were randomly selected, 120 claimed to also bank with other banks. Based on the 99% confidence interval (0.297, 0.503), is there convincing evidence of a difference in the proportion of “big” bank customers who bank with more than one bank as compared with the “small” customers who bank with more than one bank? Because contained in the interval, there is to believe there a difference in the proportion of “big” bank customers who bank with more than one bank as compared to the “small” customers who bank with more than one bank.

Answer
Selection 1:

0

Selection 2:

is not

Selection 3:

convincing evidence

Selection 4:

is

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