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A survey asked senior executives at large corporations their opinions about the economic outlook for the future. One question was, "Do you think that there will be an increase in the number of full- time employees at your company over the next 12 months?" In the current survey, 220 of 400 executives answered Yes, while in a previous year survey, 184 of 400 executives had answered Yes. Provide a 95% confidence interval estimate for the difference between the proportions at the two points in time. (Use current year previous year. Round your answer to four decimal places.) to What is your interpretation of the interval estimate? The 95% confidence interval ---Select--- ✓zero. This suggests that the proportion of executives who are predicting an increase in full-time jobs for the current year is ---Select--- than the proportion of executives who were predicting an increase in full-time jobs for the previous year.

A survey asked senior executives at large corporations their opinions about the economic outlook for the future. One question was, "Do you think that there will be an increase in the number of full- time employees at your company over the next 12 months?" In the current survey, 220 of 400 executives answered Yes, while in a previous year survey, 184 of 400 executives had answered Yes. Provide a 95% confidence interval estimate for the difference between the proportions at the two points in time. (Use current year previous year. Round your answer to four decimal places.) to What is your interpretation of the interval estimate? The 95% confidence interval ---Select--- ✓zero. This suggests that the proportion of executives who are predicting an increase in full-time jobs for the current year is ---Select--- than the proportion of executives who were predicting an increase in full-time jobs for the previous year.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
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A survey asked senior executives at large corporations their opinions about the economic outlook for the future. One question was, "Do you think that there will be an increase in the number of full- time employees at your company over the next 12 months?" In the current survey, 220 of 400 executives answered Yes, while in a previous year survey, 184 of 400 executives had answered Yes. Provide a 95% confidence interval estimate for the difference between the proportions at the two points in time. (Use current year previous year. Round your answer to four decimal places.) to - What is your interpretation of the interval estimate? The 95% confidence interval |---Select--- zero. This suggests that the proportion of executives who are predicting an increase in full-time jobs for the current year is ---Select--- than the proportion of executives who were predicting an increase in full-time jobs for the previous year.
Transcribed Image Text:A survey asked senior executives at large corporations their opinions about the economic outlook for the future. One question was, "Do you think that there will be an increase in the number of full- time employees at your company over the next 12 months?" In the current survey, 220 of 400 executives answered Yes, while in a previous year survey, 184 of 400 executives had answered Yes. Provide a 95% confidence interval estimate for the difference between the proportions at the two points in time. (Use current year previous year. Round your answer to four decimal places.) to - What is your interpretation of the interval estimate? The 95% confidence interval |---Select--- zero. This suggests that the proportion of executives who are predicting an increase in full-time jobs for the current year is ---Select--- than the proportion of executives who were predicting an increase in full-time jobs for the previous year.
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