A savings account increases from 150 $ to156 $. What is the percent increase of the savings account?
2 answers:
You might be interested in
Answer:
And for this case the confidence interval is given by:
Since the confidenc einterval not contains the value 0 we can conclude that we have significant difference between the two population proportion of interest 1% of significance given. So then we can't conclude that the two proportions are equal
Step-by-step explanation:
Let p1 and p2 the population proportions of interest and let and
the estimators for the proportions we know that the confidence interval for the difference of proportions is given by this formula:
And for this case the confidence interval is given by:
Since the confidence interval not contains the value 0 we can conclude that we have significant difference between the two population proportion of interest 1% of significance given. So then we can't conclude that the two proportions are equal