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A political party claims that it will obtain more than 30% of the vote in a forthcoming by-election. An opinion survey of 1000 voters indicates
A political party claims that it will obtain more than 30% of the vote in a forthcoming by-election. An opinion survey of 1000 voters indicates 400 will vote for the party. Assess the governing party's claim at a 5% significance level.
(a) State the hypotheses. Write the meaning of the hypotheses.
(b) Compute the associated standardized statistic and corresponding p-value.
(c) Find the critical value.
(d) Indicate the conclusions of your test in terms of the problem.
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