A PriceGrabber.com survey of 1631 randomly selected adults showed that 555 of them have heard of the

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A PriceGrabber.com survey of 1631 randomly selected adults showed that 555 of them have heard of the Sony Reader. The following STATDISK display results from a test of the claim that 35% of adults have heard of the Sony Reader.
A PriceGrabber.com survey of 1631 randomly selected adults showed that

Use the normal distribution as an approximation to the binomial distribution Assume α = 0.05 significance level
a. Is the test two-tailed, left-tailed, or right-tailed?
b. What is the test statistic?
c. What is the P-value?
d. What is the null hypothesis, and what do you conclude about it?
e. What is the final conclusion?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Elementary Statistics

ISBN: 9780321836960

12th Edition

Authors: Mario F. Triola

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