In order to test if the population proportion differs from 0.40, you draw a random sample of

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In order to test if the population proportion differs from 0.40, you draw a random sample of 100 observations and obtain a sample proportion of 0.48.

a. Specify the competing hypotheses.

b. Is the normality condition satisfied? Explain.

c. Calculate the value of the test statistic and the p-value.

d. At the 5% significance level, does the population proportion differ from 0.40? Explain.

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Business Statistics Communicating With Numbers

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Question Posted: May 06, 2019 05:22 AM

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In order to test if the population proportion differs from 0.40, you draw a random sample of

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a H 0 p 040 H A p 040 b Yes When evaluated at p 0 040 and n 100 the ...View the full answer

Business Statistics Communicating With Numbers

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