Question: nt: Chapter 9 Assignment Assignment Save Submit Assignment Exercise 09.40 Algo (Population Proportion) Quest Hint(s) Check Last year, 40% of business owners gave a holiday

nt: Chapter 9 Assignment Assignment Save Submit Assignment Exercise 09.40 Algo (Population Proportion) Quest Hint(s) Check Last year, 40% of business owners gave a holiday gift to their employees. A survey of business owners con year indicates that 31% planned to provide a holiday gift to their employees. Suppose the survey results ar sample of 70 business owners. a. How many business owners in the survey planned to provide a holiday gift to their employees this year? answer to the nearest whole number. 22 b. Suppose the business owners in the sample do as they plan. Conduct a hypothesis test that can be used determine whether the proportion of business owners providing holiday gifts had decreased from last year. State the hypotheses. Ho : P 2 0.40 Ha : p
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
