A Pew Research Center poll of 2076 randomly selected adults showed that 91% of them own cell
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A Pew Research Center poll of 2076 randomly selected adults showed that 91% of them own cell phones. The following Minitab display results from a test of the claim that 92% of adults own cell phones.
Minitab
Identify the indicated values or interpret the given display. Use the normal distribution as an approximation to the binomial distribution, as described in Part 1 of this section. Use a 0.05 significance level and answer the following:
a. Is the test two-tailed, left-tailed, or right-tailed?
b. What is the test statistic?
c. What is the P-value?
d. What is the null hypothesis, and what do you conclude about it?
e. What is the final conclusion?
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For
Mathematical Interest Theory
ISBN: 9781470465681
3rd Edition
Authors: Leslie Jane, James Daniel, Federer Vaaler
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