Question:A sample of 500 shoppers was selected in a large metropolitan
area to determine area to...
Question
A sample of 500 shoppers was selected in a large metropolitan
area to determine area to...
A sample of 500 shoppers was selected in a large metropolitan
area to determine area to determine various information concerning
consumer behavior. Among the question asked was, “Do you enjoy
shopping for clothing?” of 240 males, 136 answered yes. Of 260
females, 224 answered yes.
a. At 0.05 level of significance, is there evidence that the
proportion of women who would buy more shares while prices are low’
is less than the proportion of men?
b. Construct and interpret the 95% confidence interval
estimate for the difference between the two proportions.