In a random sample of 250 younger bank clients, 140 used online banking, and in a random sample of 300 older bank clients, 126 used online banking. Using a 2.5% significance level, test whether online banking is more popular amongst younger banking clients (i.e. whether the proportion of younger online banking clients is greater than the proportion of older online banking clients). State the hypotheses
In a random sample of 250 younger bank clients, 140 used online banking, and in a random sample of 300 older bank clients, 126 used online banking. Using a 2.5% significance level, test whether online banking is more popular amongst younger banking clients (i.e. whether the proportion of younger online banking clients is greater than the proportion of older online banking clients). State the hypotheses
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
Problem 8CR
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The manager of a well-known bank is interested to know whether online banking is more popular amongst younger (under 40 years old) banking clients (group 1) than amongst older (40 years and older) banking clients (group 2). In a random sample of 250 younger bank clients, 140 used online banking, and in a random sample of 300 older bank clients, 126 used online banking. Using a 2.5% significance level, test whether online banking is more popular amongst younger banking clients (i.e. whether the proportion of younger online banking clients is greater than the proportion of older online banking clients). State the hypotheses:
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