Answer:
Using a formula, the standard error is: 0.052
Using bootstrap, the standard error is: 0.050
Comparison:
The calculated standard error using the formula is greater than the standard error using bootstrap
Step-by-step explanation:
Given
Sample A Sample B
Solving (a): Standard error using formula
First, calculate the proportion of A
The proportion of B
The standard error is:
Solving (a): Standard error using bootstrapping.
Following the below steps.
- Open Statkey
- Under Randomization Hypothesis Tests, select Test for Difference in Proportions
- Click on Edit data, enter the appropriate data
- Click on ok to generate samples
- Click on Generate 1000 samples ---- <em>see attachment for the generated data</em>
From the randomization sample, we have:
Sample A Sample B
So, we have: