225 of random sample of 250 NL adults would agree to participate in a store loyalty...

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225 of random sample of 250 NL adults would agree to participate in a store loyalty card program. Let p represent the true proportion of all customers who would participate in a store loyalty card program. a. Compute a point estimate of p. (2) b. Consider a store owner who claims that more than 80% of all customers would participate in a loyalty card program. Set up the null and alternative hypotheses for testing whether the true proportion of all customers who would participate in a store loyalty card program exceeds 0.8. c. Compute the test statistic for part b. d. Find the rejection region for the test if a = 0.01. (2) (2) (3) e. Find the p-value for the test. (3) f. Make the appropriate conclusion using the rejection region. g. Make the appropriate conclusion using the p-value. (2) (2) 225 of random sample of 250 NL adults would agree to participate in a store loyalty card program. Let p represent the true proportion of all customers who would participate in a store loyalty card program. a. Compute a point estimate of p. (2) b. Consider a store owner who claims that more than 80% of all customers would participate in a loyalty card program. Set up the null and alternative hypotheses for testing whether the true proportion of all customers who would participate in a store loyalty card program exceeds 0.8. c. Compute the test statistic for part b. d. Find the rejection region for the test if a = 0.01. (2) (2) (3) e. Find the p-value for the test. (3) f. Make the appropriate conclusion using the rejection region. g. Make the appropriate conclusion using the p-value. (2) (2)

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Giuen 225 250 Point esimate b 225 250 09 H... View the full answer