Question: In 2006, a study published on usatoday.com stated that 27% of small business owners indicated that they do not check in on the office when
In 2006, a study published on usatoday.com stated that 27% of small business owners indicated that they do not check in on the office when they are on vacation. In 2022, a sample of of 400 shoed that 2.5% of small business owners indicated that they do not check in with the office when they are on vacation. With an alpha level of .02, is there any indication that the population proportion has changed since 2006?
A) H0:; H1:
B) Decision rule:
C) Test Statistic:
D) P-value:
E) Do you reject or fail to reject the nulls hypothesis? What does that mean in the context of this scenario?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
