The following hypotheses are given. H0: .70 H1: > .70 A sample of 100
Question:
H0: π ≤ .70
H1: π > .70
A sample of 100 observations revealed that ρ = .75. At the .05 significance level, can the null hypothesis be rejected?
a. State the decision rule.
b. Compute the value of the test statistic.
c. What is your decision regarding the null hypothesis?
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When the hypothesis is written down itlook very similar ...View the full answer
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Related Book For 
Statistical Techniques In Business And Economics
ISBN: 356
16th Edition
Authors: Douglas Lind, William Marchal
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