Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

According to the Statistica, as of 2020, 85.5 % 85.5% of total U.S. households reported having some internet subscription. Researchers wonder if this percentage has

According to the Statistica, as of 2020, 85.5 % 85.5% of total U.S. households reported having some internet subscription. Researchers wonder if this percentage has increased since then. The researchers decided to collect a survey that consist of 500 500 randomly selected U.S. household and finds that 430 430 of them have some internet subscription at home. Find the following and round to 4 4 decimal places, if needed. (a) Calculate the sample proportion. Hint ^ = p ^ = (b) What is the null hypothesis value? Hint Null value, = p= (c) What is the standard error of the null hypothesis value? Null Standard Error, = SE= (d) Calculate the test statistic for the sample. Test Statistics, = z= (e) Interpret the test statistic. The proportion of U.S. household in the sample was standard errors Select an answer the null hypothesis value

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quantitative Analysis For Management

Authors: Barry Render, Ralph M. Stair, Michael E. Hanna

11th Edition

9780132997621, 132149117, 132997622, 978-0132149112

Students also viewed these Mathematics questions