A random sample of 30 binomials trials resulted in 12 successes. Test the claim that the population

Question:

A random sample of 30 binomials trials resulted in 12 successes. Test the claim that the population proportion of successes does not equal 0.50. Use a level of significance of 0.05.
(a) Can a normal distribution be used for the  distribution? Explain.
(b) State the hypotheses.
(c) Compute  and the corresponding standardized sample test statistic.
(d) Find the P-value of the test statistic.
(e) Do you reject or fail to reject H0? Explain.
(f) What do the results tell you?
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...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Understanding Basic Statistics

ISBN: 9781111827021

6th Edition

Authors: Charles Henry Brase, Corrinne Pellillo Brase

Question Posted: