In the past, 44% of those taking a public accounting qualifying exam have passed the exam on their first try. Lately, the availability of exam preparation books and tutoring sessions may have improved the likelihood of an individual’s passing on his or her first try. In a sample of 250 recent applicants, 130 passed on their first attempt. At the 0.025 level of significance, can we conclude that the proportion passing on the first try has increased? Construct a 95% confidence interval for π and using that interval, can you judge whether the proportion passing on the first try has increased?
In the past, 44% of those taking a public accounting qualifying exam have passed the exam on their first try. Lately, the availability of exam preparation books and tutoring sessions may have improved the likelihood of an individual’s passing on his or her first try. In a sample of 250 recent applicants, 130 passed on their first attempt. At the 0.025 level of significance, can we conclude that the proportion passing on the first try has increased? Construct a 95% confidence interval for π and using that interval, can you judge whether the proportion passing on the first try has increased?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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In the past, 44% of those taking a public accounting qualifying exam have passed the exam on their first try. Lately, the availability of exam preparation books and tutoring sessions may have improved the likelihood of an individual’s passing on his or her first try. In a sample of 250 recent applicants, 130 passed on their first attempt. At the 0.025 level of significance, can we conclude that the proportion passing on the first try has increased? Construct a 95% confidence interval for π and using that interval, can you judge whether the proportion passing on the first try has increased?
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