A carpenter is increasing his price for projects, claiming that the cost of materials is going up

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A carpenter is increasing his price for projects, claiming that the cost of materials is going up and accounts for 70% of his budget. In a random sample of 49 of his projects, it is found that in 30 of the projects, the cost if material is higher. What is the correct Hypothesis? a. Ho: p = 70% ; Ha: p 70% b. Ho: p = 70% ; Ha: p > 70% c. Ho: p > 70% ; Ha: p = 70% d. Ho: p > 70% ; Ha: p 70%

Posted Date: May 18, 2024 11:03 AM

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A carpenter is increasing his price for projects, claiming that the cost of materials is going up

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