Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose your marketing department feels like 36% of ci..|stomers prefer a certain feature for a product But you suspect that it is much less than

image text in transcribed
Suppose your marketing department feels like 36% of ci..|stomers prefer a certain feature for a product But you suspect that it is much less than this. To test your hypothesis you send surveys to a group of customers. You get 360 responses and of those only 30% say they prefer the feature. Suppose you want to test your hypothesis with a level of signicance of .01 (1 \"iii. What is your conclusion? a) What is the null hypothesis? b) What is the alternative hypothesis? c) What is the claimed population proportion? d) What is the sample proportion (called the test statistic} e) What is tile std deviation f) What is the zvalue of the test statistic? g) What is the pvalue h) compare your pvalue to the level of signicance i] What is the conclusion in words

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

Step: 3

blur-text-image

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

Applied Calculus

Authors: Stefan Waner, Steven Costenoble

7th Edition

1337514306, 9781337514309

More Books

Students also viewed these Mathematics questions

Question

3. Define the attributions we use to explain behavior

Answered: 1 week ago