Given two independent random samples with the following results: n1=462 pˆ1=0.24 n2=599 pˆ2=0.41 Can it be concluded that the proportion found in Population 2 exceeds the proportion found in Population 1?
Use a significance level of α=0.01 for the test.
Step 2 of 5 : Compute the weighted estimate of p, p‾‾. Round your answer to three decimal places.
Step 3: Compute the value of the test statistic. Round to two decimal places.
Step 4: Determine the decision rule
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