is notmay be✔ is
Random condition: met 10% condition: met Large Counts condition: met All conditions for inference are met.Random condition: not met 10% condition: met Large Counts condition: met All conditions for inference are not metRandom condition: met 10% condition: does not apply Large Counts condition: met All conditions for inference are met.Random condition: met 10% condition: met Large Counts condition: not met All conditions for inference are not met.
Construct a 90% confidence interval to estimate the true difference in proportions pC – pD of caffeinated customers who order larges versus decaf customers who order larges.
Construct a 99% confidence interval to estimate the true difference in the proportion of “big” bank customers who bank with more than one bank as compared with the “small” customers who bank with more than one bank.
We are 90% sure✔ We are 90% confidentWe are 90% certainThere’s a 90% probability
1.9602✔ 2.576
(0.270, 0.370)(0.038, 0.162)✔ (0.048, 0.152)
120160✔ 200300
✔ would orderordereddid order
120160200✔ 300
A bank wants to estimate the difference in the proportion of its "big" customers who have a second account with a different bank and the proportion of its "small" customers who also have an account with another bank. Of the 200 “big” customers who were randomly selected, 160 claimed to also bank with other banks. Of the 300 “small” customers who were randomly selected, 120 claimed to also bank with other banks.
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