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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
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