According to Gartner Inc., the largest share of the worldwide PC market is held by Hewlett-Packard with

Question:

According to Gartner Inc., the largest share of the worldwide PC market is held by Hewlett-Packard with 18.4%. Suppose that a market researcher believes that Hewlett Packard holds a higher share of the market in the western region of the United States. To verify this theory, he randomly selects 428 people who purchased a personal computer in the last month in the western region of the United States. Eighty-four of these purchases were Hewlett-Packard computers. Using a 1% level of significance, test the market researcher’s theory. What is the probability of making a Type I error? If the market share is really .21 in the southwestern region of the United States, what is the probability of making a Type II error?


Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: