A sample of 100 one-dollar bills from the Subway cash register revealed that 16 had some- thing
Question:
(a) At α = .05, is this sample evidence consistent with the hypothesis that 10 percent or fewer of all dollar bills have anything written on them besides the normal printing? Include a sketch of your decision rule and show all calculations.
(b) Is your decision sensitive to the choice of ?
(c) Find the p-value.
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a so reject the null hypothesis and conclude that the true proportion is ...View the full answer
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Related Book For
Applied Statistics In Business And Economics
ISBN: 9780073521480
4th Edition
Authors: David Doane, Lori Seward
Question Posted:
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