Use the information given in question 64 to test, at the 1%level of significance, the hypothesis that
Question:
Use the information given in question 64 to test, at the 1%level of significance, the hypothesis that the number of errors is greater for individuals who prepare their own returns than for people who have their returns professionally prepared.
Question 64
The IRS is interested in knowing whether people who have an accountant prepare their tax returns have fewer errors than people who prepare their own returns. A random sample of 500 people who had their returns professionally prepared reveals that 125 had errors. A random sample of 450 returns of people who prepared their own returns reveals that 128 had errors. Test, at the 1 %
level of significance, the hypothesis that there is no difference between the number of errors for returns prepared by an accountant and the number of errors for returns prepared by the individual.
Step by Step Answer:
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee