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

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

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!