Given p = 0.2857 and N = 35 Rx the high income group, Test the claim that
Question:
Given p̂ = 0.2857 and N = 35 Rx the high income group,
Test the claim that the proportion of children in the high income group that drew the nickel too large is smaller than 50%. Test at the 0.01 significance level.
a) Identify the correct alternative hypothesis:
µ = .50
µ > .50
p < .50
p = .50
µ < .50
p > .50
Give all answers correct to 3 decimal places.
b) The test statistic value is______________ Preview
c) Using the p-value method, the P-value is: ________
d) Based on this we
Reject H o :
Fail to reject H o :
e) Which means
There is sufficient evidence to warrant rejection of the claim
There is not sufficient evidence to support the claim
There is not sufficient evidence to warrant rejection of the claim
The sample data supports the claim
Business Statistics a decision making approach
ISBN: 978-0133021844
9th edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry