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?

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

Step by Step Answer:

Related Book For  book-img-for-question

Statistical Techniques In Business And Economics

ISBN: 9781260239478

18th Edition

Authors: Douglas Lind, William Marchal, Samuel Wathen

Question Posted: