Question: Question 7. See attachment. O w Question 7 Q ~ Search in Document Home Insert Design Layout References Mailings Review View + Share Calibri (Body)

Question 7. See attachment.

Question 7. See attachment. O w Question 7 Q ~ Search in

O w Question 7 Q ~ Search in Document Home Insert Design Layout References Mailings Review View + Share Calibri (Body) 12 A- A Aa Ap CE Paste I U. abe X2 X2 A . A HE Styles Styles Pane Question 7 For each of the given situations, write the null and alternative hypotheses in terms of parameter values. Complete parts a through c. a) A casino wants to know if its slot machine really delivers the 2 in 100 win rate that it claims. What are the null and alternative hypotheses for this test if we are testing the probability of winning on the slot machine? 0.02 VS. HA: 0.02 b) A pharmaceutical company wonders if its new drug has a cure rate different from the 46% rate reported for the placebo. What are the null and alternative hypotheses for this test if we are testing the cure rate for the new drug? 9 0 4 4 :H'SA 90 0 4 4 c) A bank wants to know if the percentage of customers using its website has changed from the 43% that used it before their system crashed last week. What are the null and alternative hypotheses for this test if we are testing the percentage of customers that used the bank's website? | 0.43 VS. HA: 0.43 Allals & Page 1 of 1 2 words OF English (United States) + 150%

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!