Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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)

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_2

Step: 3

blur-text-image_3

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

The Homework Clubs Preparing For Algebra Math Help For Struggling Kids

Authors: Susan Everingham

1st Edition

1723708585, 978-1723708589

More Books

Students also viewed these Mathematics questions