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A builder claims that heat pumps are installed in 70% of all homes being constructed today in a city. Would you agree with this claim
A builder claims that heat pumps are installed in 70% of all homes being constructed today in a city. Would you agree with this claim if a survey of homes showed that 8 out of 15 had heat pumps installed? Use = 10% significance level. (5 points each section)
A) What are the null and alternate hypotheses?
B) What is (are) the critical values for this test ?
C) What is the computed value of the test statistic?
D) What is the conclusion?
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