Question
Last year,48%of business owners gave a holiday gift to their employees. A survey of business owners conducted this year indicates that30%planned to provide a holiday
Last year,48%of business owners gave a holiday gift to their employees. A survey of business owners conducted this year indicates that30%planned to provide a holiday gift to their employees. Suppose the survey results are based on a sample of55business owners.
a.How many business owners in the survey planned to provide a holiday gift to their employees this year? Round your answer to the nearest whole number.
b.Suppose the business owners in the sample did as they planned. Compute thep-value for a hypothesis test that can be used to determine if the proportion of business owners providing holiday gifts had decreased from last year. Enter negative value if your answer is negative.
ho: p___ 0.48
ha: p ___ 0.48
Item 3
z-value(to 2 decimals)
p-value(to 4 decimals)
c.Using a0.02level of significance, would you conclude that the proportion of business owners providing gifts decreased?
- Select your answer -
Do not reject
Reject
Item 6
What is the highest level of significance for which you could draw such a conclusion?
(to 4 decimals)
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