Question: 3.1 Hypothesis TestingProportion (9 pts) - Using the dataset to examine whether the following assumption holds: The proportion of used cars with Anti-lock Brake System

whether the following assumption holds: The proportion of used cars with Anti-lock

3.1 Hypothesis TestingProportion (9 pts) - Using the dataset to examine whether the following assumption holds: The proportion of used cars with Anti-lock Brake System (ABS) is greater than 80%. 1] Develop null and alternative hypothesis. Ho: the mean proportion of ABS across all cars = 0.80 Ha: the mean proportion of ABS across all cars > 0.80 2] Report test statistic. 123463848 3] What is povalue? What is your conclusion at the level of sig. 0.05? Explain your result in this particular context. ' P-value = 1.123463848 > 0.05% Sig. level. Reject the Null Hypothesis

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