2.As part of a decision regarding a new product launch, you want to test whether or not a large enough percentage (10% or more) of the community would be interested in purchasing it. You will launch the product only if you find convincing evidence of such demand. A survey of 400 randomly selected people in the community finds that 13% are willing to try your proposed new product.

a)Why is a one-sided test appropriate here?

b)Identify the null and research hypotheses for a one-sided test using both words and mathematical symbols.

c)Perform the test at the 5% significance level and describe the result.

d)Perform the test at the 1% significance level and describe the result.P-

e)State the p-value as either p>0.05, p<0.05, p<0.01, or p<0.001.

P-value

3. Refer to the employee database. View this data set as a random sample from a much larger population of employees.

a)You would like to claim that the population has significantly more than five years of experience. Can you support this claim?

Ho: Mexperience > 5

Ha: Mexperience 5