Given p = 0.3714 and N = 35 for the high income group, Test the claim

Given ˆ p = 0.3714 and N = 35 for the high income group, Test the claim that the proportion of children in the high income group that drew the nickel too large is smaller than 50%. Test at the 0.01 significance level.

Give all answers correct to 3 decimal places.

b) The test statistic value is:  

c) Using the P-value method, the P-value is:

Answer rating: 100% (QA)

Test Statistic 1522 Answer rounded to three decimals Pvalue 0064 Answer rounded to three decimals Decision Fail to reject Ho Conclusion There is not s... View the full answer