Question
The owner of a popular Internet-based auction site believes that more than half of people who sell items on her site are women. To test
The owner of a popular Internet-based auction site believes that more than half of people who sell items on her site are women. To test this hypothesis, the owner sample 1000 customers who sold items on her site and she found that 55% of the customers sampled were women. Some calculations ae shown in the table below:
Sample proportion 0.55
Standard error of sample 0.02578
proportion
Z test statistic 1.9394
p-value 0.0262
Using a 1% significance level , can the owner of this site conclude that women make up more that 50% of her customers? Explain your answer
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