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MGS*2150*W05 final- Requires Respondus LockDown Browser

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Exhibit 10-10 The results of a recent poll on the preference of shoppers regarding two products are shown below. Product Shoppers Surveyed Shoppers Favoring This Product A 800 560 B 900 612 ​ ​ Refer to Exhibit 10-10. The standard error of is  _____.

Options
A.None of the other three
B..0225
C..044
D.52
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Step-by-Step Analysis
Let’s break down what’s being asked and compute carefully. First, determine the sample proportions for each product: for A, p1 = 560/800 = 0.70; for B, p2 = 612/900 = 0.68. Next, the question asks for the standard error of the difference in proportions, p1 − p2. The formula is SE(p1 − p2) = sq......Login to view full explanation

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