Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The mayor of a large city claims that 30 % of the families in the city earn more than $ 100,000 per year; 52 %

The mayor of a large city claims that 30 % of the families in the city earn more than $ 100,000 per year; 52 % earn between $ 30,000 and $ 100,000 (inclusive); 18 % earn less than $ 30,000 per year.

In order to test the mayor's claim, 285 families from the city are surveyed and it is found that:

90 of the families earn more than $ 100,000 per year;

135 of the families earn between $ 30,000 and $ 100,000 per year (inclusive);

60 of the families earn less $ 30,000.

Test the mayor's claim based on 5 % significance level.

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

Finite Math And Applied Calculus

Authors: Stefan Waner, Steven Costenoble

6th Edition

1285415132, 9781285415130

More Books

Students also viewed these Mathematics questions

Question

2. What are the different types of networks?

Answered: 1 week ago