In each of Exercises, use the two-proportions plusfour z-interval procedure to find the required confidence interval. Interpret your results. Confidence in Banks. Since 1973, Gallup has asked Americans how much confidence they have in a variety of U.S. institutions. One question asked of those polled is whether they have a great deal of confidence in banks. In 2007, of a random sample of 1008 adult Americans, 413 said yes; and, in 2013, of a random sample of 1529 adult Americans, 398 said yes. For the two years, nd and interpret a 95% confidence interval for the difference between the percentages of adult Americans who had a great deal of confidence in banks.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.7: Probability
Problem 1SE: What term is used to express the likelihood of an event occurring? Are there restrictions on its...
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In each of Exercises, use the two-proportions plusfour z-interval procedure to find the required confidence interval. Interpret your results.

Confidence in Banks. Since 1973, Gallup has asked Americans how much confidence they have in a variety of U.S. institutions. One question asked of those polled is whether they have a great deal of confidence in banks. In 2007, of a random sample of 1008 adult Americans, 413 said yes; and, in 2013, of a random sample of 1529 adult Americans, 398 said yes. For the two years, nd and interpret a 95% confidence interval for the difference between the percentages of adult Americans who had a great deal of confidence in banks.

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