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Please answer the following question using STAT: 15. The owner of a small pet supply store wants to open a second store in another city,
Please answer the following question using STAT:
15.
The owner of a small pet supply store wants to open a second store in another city, but he only wants to do so if more than one-third of the city's households have pets (otherwise there won't be enough business). He samples 150 of the households and finds that 64 have pets. Define the appropriate parameter(s) and state the hypotheses for testing if this sample provides evidence that more than one-third of households in this city own pets. O Parameter: p = proportion of households in this city with pets. Hypotheses: Ho: p # versus Hap = O Parameter: p = proportion of households in this city with pets. Hypotheses: Ho: p O Parameter: p = proportion of households in this city with pets. Hypotheses: Ho: p = -versus Ha: p #The owner of a small pet supply store wants to open a second store in another city, but he only wants to do so if more than one-third of the city's households have pets (otherwise there won't be enough business). He samples 150 of the households and finds that 64 have pets Use the provided randomization distribution (based on 100 samples) to estimate the p-value for this sample. Use your p-value and a 5% significance level to make a decision about these hypotheses. Be sure to word your decision in the context of the problem. Left Tail ] Two-Tail ] Right Tail samples = 100 mean = 0.341 40 st. dev. = 0.039 30 20 10 : : 0.20 0.25 0.30 0.35 0.40 0.45 null = 33 O This sample provides strong evidence to reject the null hypothesis and conclude that more than 1/3 of households in this city own pets. This sample does not provide enough evidence to reject the null hypothesis and we can not conclude that more than 1/3 of households in this city own petsStep by Step Solution
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