Question
1.Consumer Reports magazine says 60% of their subscribers are men. You believe the actual percentage is higher than that. Your sample of 100 subscribers shows
1.Consumer Reports magazine says 60% of their subscribers are men. You believe the actual percentage is higher than that. Your sample of 100 subscribers shows 65% are men. What do you conclude?
A.Set up your Ho and Ha for a hypothesis test.
B.What is yourtest statistic?USE STATCRUNCH.
C.What is yourp-value?
D.What conditions did you have to check in order to solve this problem? List them and check them.
E.What is your decision regarding Ho?
F.What is your conclusion in the context of the problem?
G.What type of error could you be committing here, Type I or Type II? What would be the impact of that error on Consumer Reports?
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