Question
please show the steps on how to solve it. Step 1 Given that X=16 , n=500 Step 2 p^=X/n=16/500=0.032 Null and alternative hypothesis H0 :
please show the steps on how to solve it.
Step 1
Given that
X=16 , n=500
Step 2
p^=X/n=16/500=0.032
Null and alternative hypothesis
H0 : p = 0.04
H1 : p 0.04
Critical value:
The critical value for ?= 0.05 and for one tailed test.
Zc= 1.96
Test statistic ( z )
z = (p^ - p )/(p(1 - p)/n))
= ( 0.032 - 0.04 )/(0.04(1 - 0.04)/500))
= -0.913
P-value = 0.3613, at ?= 0.05 , z = -0.913 and for one tailed test.
Decision:-
P-value = 0.3613 > ?= 0.05 so does not reject the null hypothesis H0
H0: p = 0.04 H1: p 0.04 Use the P-value method & show all computations and relevant information (test statistics, critical value, degree of freedom, etc.) |
Pr ( mis-classification error is below 3%, when the mis-classification error is 4% ) |
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