Mickey D's In a study of the accuracy of fast food drive-through orders, McDonald's had 33 orders
Question:
Mickey D's In a study of the accuracy of fast food drive-through orders, McDonald's had 33 orders that were not accurate among 362 orders observed (based on data from QSR magazine). Use a 0.05 significance level to test the claim that the rate of inaccurate orders is equal to 10%. Does the accuracy rate appear to be acceptable?
Test the given claim. Identify the null hypothesis, alternative hypothesis, test statistic, P-value, or critical value(s), then state the conclusion about the null hypothesis, as well as the 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, as described in Part 1 of this section.
DistributionThe 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...
Step by Step Answer:
Mathematical Interest Theory
ISBN: 9781470465681
3rd Edition
Authors: Leslie Jane, James Daniel, Federer Vaaler