Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

During a test carried out on a sample of 1,200 Quebecers aged 18 and over (base population 7,000,000), you ask what budget they spent on

During a test carried out on a sample of 1,200 Quebecers aged 18 and over (base population 7,000,000), you ask what budget they spent on their housing. In your sample, 9.3% of respondents spend 60% or more of their disposable income on housing.

Test the null hypothesis (H0) according to which, in the population, the proportion of people spending 60% and more of their disposable income on their housing in the population would be greater than or equal to 10%. Use a 5% significance level.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Statistics Informed Decisions Using Data

Authors: Michael Sullivan III

5th Edition

978-0134135373, 134133536, 134135377, 978-0134133539

Students also viewed these Mathematics questions