Question

A Businessweek/Harris survey asked senior executives at large corporations their opinions about the economic outlook for...

A Businessweek/Harris 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, 240 of 400 executives answered Yes, while in a previous year survey, 194 of 400 executives had answered Yes. Provide a 95% confidence interval estimate for the difference between the proportions at the two points in time (to 4 decimals).

a. ( ) to ()

b. What is your interpretation of the interval estimate?

Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A Businessweek/Harris survey asked senior executives at large corporations their opinions about the economic outlook for...
A Businessweek/Harris 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, 230 of 400 executives answered Yes, while in a previous year survey, 193 of 400 executives had answered Yes. Provide a 95% confidence interval estimate for the difference between the proportions at...
A survey asked senior executives at large corporations their opinions about the economic outlook for the...
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, 224 of 400 executives answered Yes, while in a previous year survey, 176 of 400 executives had answered Yes. Provide a 95% confidence interval estimate for the difference between the proportions at the...
Question 2. Senior executives were asked of their opinion about the future economic outlook. One question...
Question 2. Senior executives were asked of their opinion about the future economic outlook. One question inquired, ‘if there will be increase in number of full time employees at their organization in next 12 months’. In the current survey, 220 of 400 executives answered ‘Yes’. While in the previous year survey, 192 of 400 executives had answered, ‘Yes’. Provide a 95% confidence interval estimate for the difference between the proportions at the two points in time. What is your interpretation...
This is a re-post to question 2. The question was answered but the response was all...
This is a re-post to question 2. The question was answered but the response was all jumbled up. Can i please have specific answers to questions asked here. For a better read, I have them in bold fonts below. Please this is urgent. Thanks. Question 2. Senior executives were asked of their opinion about the future economic outlook. One question inquired, ‘if there will be increase in number of full time employees at their organization in next 12 months’. In...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT