Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Consider the following hypothesis test. H 0 : p 0.75 H a : p < 0.75 A sample of 300 items was selected. Compute the

Consider the following hypothesis test.

H0: p 0.75

Ha: p < 0.75

A sample of 300 items was selected. Compute the p-value and state your conclusion for each of the following sample results. Use

= 0.05.

(a)

p = 0.68

Find the value of the test statistic. (Round your answer to two decimal places.)

_________

Find the p-value. (Round your answer to four decimal places.)

p-value =

State your conclusion.

A)Do not reject H0. There is insufficient evidence to conclude that p < 0.75.

B)Reject H0. There is insufficient evidence to conclude that p < 0.75.

C)Reject H0. There is sufficient evidence to conclude that p < 0.75.

D)Do not reject H0. There is sufficient evidence to conclude that p < 0.75.

(b)

p = 0.71

Find the value of the test statistic. (Round your answer to two decimal places.)

_______

Find the p-value. (Round your answer to four decimal places.)

p-value =

State your conclusion.

A)Do not reject H0. There is insufficient evidence to conclude that p < 0.75.

B)Reject H0. There is insufficient evidence to conclude that p < 0.75.

C)Reject H0. There is sufficient evidence to conclude that p < 0.75.

D)Do not reject H0. There is sufficient evidence to conclude that p < 0.75.

(c)

p = 0.70

Find the value of the test statistic. (Round your answer to two decimal places.)

_________

Find the p-value. (Round your answer to four decimal places.)

p-value =

State your conclusion.

A)Do not reject H0. There is insufficient evidence to conclude that p < 0.75.

B)Reject H0. There is insufficient evidence to conclude that p < 0.75.

C)Reject H0. There is sufficient evidence to conclude that p < 0.75.

D)Do not reject H0. There is sufficient evidence to conclude that p < 0.75.

(d)

p = 0.76

Find the value of the test statistic. (Round your answer to two decimal places.)

________

Find the p-value. (Round your answer to four decimal places.)

p-value =

State your conclusion.

A)Do not reject H0. There is insufficient evidence to conclude that p < 0.75.

B)Reject H0. There is insufficient evidence to conclude that p < 0.75.

C)Reject H0. There is sufficient evidence to conclude that p < 0.75.

D)Do not reject H0. There is sufficient evidence to conclude that p < 0.75.

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

Contemporary Business Mathematics With Canadian Applications

Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday

12th Edition

0135285011, 978-0135285015

More Books

Students also viewed these Mathematics questions

Question

3. Make extra-credit work available to add points to course grades.

Answered: 1 week ago

Question

Derive Eq. (18.33) from Eq. (18.32).

Answered: 1 week ago

Question

=+for the acquiring company?

Answered: 1 week ago

Question

=+What would the ratios be then?

Answered: 1 week ago