Question: Write the null and alternative hypotheses to test each of the situations in Parts a through c below. a) An online art supply company is

 Write the null and alternative hypotheses to test each of the

Write the null and alternative hypotheses to test each of the situations in Parts a through c below. a) An online art supply company is concerned about the timeliness of the delivery of its products. The VP of Operations and Marketing recently stated that she wanted the percentage of products delivered on time to be greater than 90%, and she wants to know if the company has succeeded. Let p be the proportion of products delivered on time. Ho: P HA : P (Type integers or decimals. Do not round.) b) A realty company recently announced that the proportion of houses taking more than five months to sell is now greater than 44%. Let p be the proportion of houses taking more than 5 months to sell. Ho: P HA: P (Type integers or decimals. Do not round.) c) A financial firm's accounting reports that, after improvements in its system, it now has an accuracy rate above 99% Let p be the accuracy rate. Ho: P HA : P (Type integers or decimals. Do not round.)

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!