Question
According to the February 2008 Federal Trade Commission report on consumer fraud and identity theft, 23% of all complaints in 2007 were for identity theft.
According to the February 2008 Federal Trade Commission report on consumer fraud and identity theft, 23% of all complaints in 2007 were for identity theft. In that year, Alaska had 321 complaints of identity theft out of 1,432 consumer complaints ("Consumer fraud and," 2008). Does this data provide enough evidence to show that Alaska had a lower proportion of identity theft than 23%? Test at the 5% level.
PLEASE FOLLOW THIS PLAN OF ACTION for the above problems:
1) State the random variable and the parameter in words
2) State the null and alternative hypotheses and the level of significance and don't bump them into one line.
Ho
HA
a
3) State and check the assumption for hypothesis test
4) Find the sample statistic, test statistic, and p-value
5) Conclusion
Since the p-value.......fail to reject or reject Ho
6) Interpretation
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