General Motors wants to know if a newly designed car has a different appeal to people under 30 versus people over 50 (so they better know who to market the car towards). If there is at least a 10% difference in either proportion then GM will specifically design its marketing campaign towards that group (otherwise, they will target a more general audience). In another sample of 500 over-50, 375 expressed a favorable opinion of the car. In another sample of 450 under-30 year olds, 270 expressed a more favorable opinion of the new design (compared with the old design). a) At the 5% level of significance does it appear there is at least a 10% difference?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Question
Help please.
General Motors wants to know if a newly designed car has a different appeal to
people under 30 versus people over 50 (so they better know who to market the car
towards). If there is at least a 10% difference in either proportion then GM will
specifically design its marketing campaign towards that group (otherwise, they will
target a more general audience). In another sample of 500 over-50, 375 expressed a
favorable opinion of the car. In another sample of 450 under-30 year olds, 270
expressed a more favorable opinion of the new design (compared with the old
design).
a) At the 5% level of significance does it appear there is at least a 10% difference?
Transcribed Image Text:General Motors wants to know if a newly designed car has a different appeal to people under 30 versus people over 50 (so they better know who to market the car towards). If there is at least a 10% difference in either proportion then GM will specifically design its marketing campaign towards that group (otherwise, they will target a more general audience). In another sample of 500 over-50, 375 expressed a favorable opinion of the car. In another sample of 450 under-30 year olds, 270 expressed a more favorable opinion of the new design (compared with the old design). a) At the 5% level of significance does it appear there is at least a 10% difference?
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