Consider the following hypotheses: H 0 : p = 0.69 H 1 : p 0.69 Given

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Consider the following hypotheses:

H0: p = 0.69

H1: p ≠ 0.69

Given that p¯ = 0.606, n = 160, and σ = 0.05, answer the following questions:

a. What conclusion should be drawn?

b. Determine the p value for this test.

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Business Statistics

ISBN: 9780321925121

2nd Edition

Authors: Robert A. Donnelly

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