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Afirm claims that the defect rate of their new gadgets is at most 14.9 percent. A random sample of 255 gadgets was obtained and found
Afirm claims that the defect rate of their new gadgets is at most 14.9 percent. A random sample of 255 gadgets was obtained and found the defect rate to be 16.4 percent. Please answer the following questions: (Please give your answer with the accuracy of four decimal places.) 1. Calculate the test statistics for the test to determine whether the firm's claim is true. 2. Find the pvalue associated with the test to determine whether the rm's claim is true
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