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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
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
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