The following hypotheses are given. H 0 : = .40 H 1 : .40
Question:
The following hypotheses are given.
H0: π = .40
H1: π ≠ .40
A sample of 120 observations revealed that p = .30. At the .05 significance level, can the null hypothesis be rejected?
a. State the decision rule.
b. Compute the value of the test statistic.
c. What is your decision regarding the null hypothesis?
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Related Book For
Statistical Techniques In Business And Economics
ISBN: 9781260239478
18th Edition
Authors: Douglas Lind, William Marchal, Samuel Wathen
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