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Hello, I have the following question; Problem 10. Telephone lines A cell company claims that at least 15% of its customers have 2 or more
Hello, I have the following question;
Problem 10. Telephone lines
A cell company claims that at least 15% of its customers have 2 or more lines. The company selects a random sample of 500 customers and finds that 65 have 2 or more telephone lines. If = 0.02, show all key steps and test whether the proportion is less than 15% using the critical value approach. [10 marks]
I can't help but feel like I might have missed something in trying to answer this question.
My final result was z=-3.20
(using an area of significance 2.334)
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