Question
A fintech startup has introduced a new feature to help customers manage their expenses. The startup conducted a survey to investigate whether the clients prefer
A fintech startup has introduced a new feature to help customers manage their expenses. The startup conducted a survey to investigate whether the clients prefer using the new feature, and whether the gender of the client affects their preference. For males, it finds that 800 out of 2000 of their clients are interested to use the new feature. For females, 1010 out of 2700 opt for the new feature.
Investigate whether there is a difference between males and females in their preference to use the new feature, using 5% level of significance.
How can the startup benefit from the result of the survey?
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