Question: Basic Computation: Testing p A random sample of 60 binomial trials resulted in 18 successes. Test the claim that the population proportion of successes exceeds
Basic Computation: Testing p A random sample of 60 binomial trials resulted in 18 successes. Test the claim that the population proportion of successes exceeds 18%. Use a level of significance of 0.01.
(a) Check Requirements Can a normal distribution be used for the ˆp distribution? Explain.
(b) State the hypotheses.
(c) Compute ˆp and the corresponding standardized sample test statistic.
(d) Find the P-value of the test statistic.
(e) Do you reject or fail to reject H0? Explain.
(f) Interpretation What do the results tell you?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
