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The Employee Benefit Research Institute reports that 27% of males anticipate having enough money to live comfortably in retirement, but only 18% of females express that confidence. If these results were based on samples of 200 people of each sex, would you consider this strong evidence that men and women have different outlooks?

a) Test an appropriate hypothesis and state your conclusion.

b) If you concluded there was a difference, estimate that difference with a confidence interval and interpret your interval in context.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92231622

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