Brand Recognition A PriceGrabber.com survey of 1631 randomly selected adults showed that 555 of them have heard
Question:
Brand Recognition A PriceGrabber.com survey of 1631 randomly selected adults showed that 555 of them have heard of the Sony Reader. The following STATDISK display results from a test of the claim that 35% of adults have heard of the Sony Reader.
In Exercises 5–8, 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). Assume 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?
Step by Step Answer:
Elementary Statistics Using Excel Pearson New
ISBN: 978-1292041766
5th Edition
Authors: Mario F Triola