Solved

A Marketing Strategist Would Like to Estimate the Difference Between

Question 24

Essay

A marketing strategist would like to estimate the difference between the proportion of men who list "Action" as their favorite movie genre and the proportion of women who list "Action" as their favorite genre. The strategist gathers a random sample of 300 men and 200 women. Of the men, 156 indicate that "Action" is their favorite genre; of the women, 87 indicate that "Action" is their favorite.
a.Determine if the large sample confidence interval procedures can be used for estimation.
b.Create a 95% confidence interval for the difference of the population proportions.
c.Interpret the confidence interval.
d.Based on the confidence interval, is it possible that the two population proportions are equal?

Correct Answer:

verifed

Verified

a. There are at least 10 successes and f...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents