Question

This can be solved by expansionary fiscal and monetary policy and due to that income, output and employment will increase and once again full employment will be achieved.A 2017 study selecting a sample of 300 cars traveling daily on a highway revealed that 170 were driven by women. With a significance level of 90% find the confidence interval for the sample indicated.

According to a 2010 study, 52 out of every 100 drivers are female. Based on the results of the constructed interval, can you conclude that more women will be driving on the highway in 2017 than indicated in the 2010 study?

Answer 1