A quality standard says that no more than 2 percent of the eggs sold in a store
Question:
(a) At the .10 level of significance, does this prove that the standard is exceeded?
(b) Calculate a p-value for the observed sample result. Use Excel to calculate the binomial probability P(X ≥ 2 | n = 36, π = .02) = 1 – P(X ≤ 1 | n = 36, π = .02).
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Related Book For
Applied Statistics In Business And Economics
ISBN: 9780073521480
4th Edition
Authors: David Doane, Lori Seward
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