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A business owner claims that the proportion of take out orders is greater than 25%. To test this claim, the owner checks the next 250
A business owner claims that the proportion of take out orders is greater than 25%. To test this claim, the owner checks the next 250 orders and determines that 60 orders are take out orders.
The following is the setup for this hypothesis test:
H0:p=0.25
Ha:p>0.25
Find the p-value for this hypothesis test for a proportion and round your answer to 3 decimal places.
The following table can be utilized which provides areas under the Standard Normal Curve:
z | 0.00 | 0.01 | 0.02 | 0.03 | 0.04 | 0.05 | 0.06 | 0.07 | 0.08 | 0.09 |
-0.7 | 0.242 | 0.239 | 0.236 | 0.233 | 0.230 | 0.227 | 0.224 | 0.221 | 0.218 | 0.215 |
-0.6 | 0.274 | 0.271 | 0.268 | 0.264 | 0.261 | 0.258 | 0.255 | 0.251 | 0.248 | 0.245 |
-0.5 | 0.309 | 0.305 | 0.302 | 0.298 | 0.295 | 0.291 | 0.288 | 0.284 | 0.281 | 0.278 |
-0.4 | 0.345 | 0.341 | 0.337 | 0.334 | 0.330 | 0.326 | 0.323 | 0.319 | 0.316 | 0.312 |
-0.3 | 0.382 | 0.378 | 0.374 | 0.371 | 0.367 | 0.363 | 0.359 | 0.357 | 0.352 | 0.348 |
-0.2 | 0.421 | 0.417 | 0.413 | 0.409 | 0.405 | 0.401 | 0.397 | 0.394 | 0.390 | 0.386 |
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