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Given two independent random samples with the following results: n1=462 pˆ1=0.24   n2=599 pˆ2=0.41 Can it be...

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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