A random sample of 64 observations produced the following summary statistics: i = .323 and s2 =

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A random sample of 64 observations produced the following summary statistics: i = .323 and s2 = .034.

a. Test the null hypothesis that p = .36 against the alternative hypothesis that p < .36 using a = .lo.

b. Test the null hypothesis that p = .36 against the alternative hypothesis that p # .36 using u = .lo. Interpret the result.

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Statistics For Business And Economics

ISBN: 9780130272935

8th Edition

Authors: James T. McClave, Terry Sincich, P. George Benson

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