Question: 0.02 For each of the given situations, write the null and alternative hypotheses in terms of parameter values. Complete parts a through o. a) A
0.02 For each of the given situations, write the null and alternative hypotheses in terms of parameter values. Complete parts a through o. a) A casino wants to know if its slot machine really delivers the 2 in 100 win rate that it claims What are the null and alternative hypotheses for this test if we are testing the probability of winning on the slot machine? Ho 0.02 vs. H " b) A pharmaceutical company wonders if its new drug has a cure rate different from the 60% rato reported for the placebo What are the null and alternative hypotheses for this test if we are testing the cure rate for the new drug? Ho 70.80 va. Ha 0.60 c) A bank wants to know if the percentage of customers using its website has changed from the 43% that used it before their syster crashed last week. What are the null and alternative hypotheses for this test if we are testing the percentage of customers that used the bank's website? Ho 0 43 vs HA V 70.43
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