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Practice Problems 1 . The professional organization for private colleges and universities professors reported that more than 1?% of professors attended a national convention in
Practice Problems 1 . The professional organization for private colleges and universities professors reported that more than 1?% of professors attended a national convention in the past year. To test this claim, a researcher surveyed EDD professors and found that 45 had attended a national convention in the past year. At a= 0.05,test the'claimthat this figure I correct using pvalue method. . A bank manager wanted to investigate if the percentage of loan applications made is the same for each of the five days (MondayFriday) of the week. He randomly selected one week and counted the number of loan applications made on each of the five days, as given in the table below: Day Monday Tuesday Wednesday Thursday Friday ND- Pf PM\" 17 2o 16 14 13 Applications Using level of significance of DDS, can we reject the claim that the proportion of people who filed loan applications in the bank on each of the five days of the week is the same? Assume that this week is typical of all the weeks in regard to the application of loans
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