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A Businessweek/Harris poll asked senior executives at large corporations their opinions about the economic outlook for the future. One question was, Do you think that
A Businessweek/Harris poll asked senior executives at large corporations their opinions about the economic outlook for the future. One question was, "Do you think that there will be an increase in the number of full- time employees at your company over the next 12 months?" In the current survey, 230 of 500 executives answered Yes, while in a previous year survey, 191 of 500 executives had answered Yes. Provide a 95% confidence interval estimate for the difference between the proportions at the two points in time (to 4 decimals). Do not round your intermediate calculations. to What is your interpretation of the interval estimate? Approximately 8% more executives are predicting | an increase in full-time jobs. The confidence interval shows the difference may be from |2% t 14% VO
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