In a presidential election, 308 out of 611 voters surveyed said that they voted for the candidate

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In a presidential election, 308 out of 611 voters surveyed said that they voted for the candidate who won (based on data from ICR Survey Research Group). Use a 0.10 significance level to test the claim that among all voters, the percentage who believe that they voted for the winning candidate is equal to 43%, which is the actual percentage of votes for the winning candidate. What does the result suggest about voter perceptions?
Test the given claim. Identify the null hypothesis, alternative hypothesis, test statistic, P-value or critical value(s), conclusion about the null hypothesis, and final conclusion that addresses the original claim. Use the P-value method unless your instructor specifies otherwise. Use the normal distribution as an approximation to the binomial distribution.
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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