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# 3.2 For 239 golf - tournaments on the PGA tour between 2004 and 2009, the economists D. Pope and M. Schweitzer evaluated risk aversion by comparing percentages of p...

## Question

###### 3.2 For 239 golf - tournaments on the PGA tour between 2004 and 2009, the economists D. Pope and M. Schweitzer evaluated risk aversion by comparing percentages of putts made when putting for a par versus putting for a birdie (Am. Econ. Rev: 101: 129-157, 2011). For 2828 pairs of putts taken from within L inch of each other (from an average distance of about 50 inches) in the same tournament; the sample proportions made were 0.835 when putting for birdie and 0.880 when putting for par (thus avoid

3.2 For 239 golf - tournaments on the PGA tour between 2004 and 2009, the economists D. Pope and M. Schweitzer evaluated risk aversion by comparing percentages of putts made when putting for a par versus putting for a birdie (Am. Econ. Rev: 101: 129-157, 2011). For 2828 pairs of putts taken from within L inch of each other (from an average distance of about 50 inches) in the same tournament; the sample proportions made were 0.835 when putting for birdie and 0.880 when putting for par (thus avoiding the loss of a bogey). Construct a 95% confidence interval for the difference between the proportions in a corresponding conceptual population. State assumptions, and indicate a key way they do not apply for this study: (Chapter 1 presents more refined methods.)  #### Similar Solved Questions

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