A retail computer dealer is trying to decide between two methods for servicing customers equipment. The first
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a. Test the research hypothesis that the population proportions of very satisfied customers are different for the two methods. Use a = .05. Carefully state your conclusion.
b. Compute a confidence interval for the difference in the proportions. Does the confidence interval provide the same conclusion about the difference in proportions as your test in part (a)? Justify your answer.
Dealer
A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...
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Related Book For
An Introduction To Statistical Methods And Data Analysis
ISBN: 9781305465527
7th Edition
Authors: R. Lyman Ott, Micheal T. Longnecker
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