Question

A newsletter publisher believes that less than 29% of their readers own a Rolls Royce. Is there sufficient evidence at the 0.02 level to substantiate the publisher's claim? State the null and alternative hypotheses for the above scenario.

Answer 1

Answer:

For this case they want to proof if the proportion of readers own a Rolls royce is less than 0.29 and that wuld be the alternative hypothesis. The complement would represent the null hypothesis. Then the system of hypothesis for this case are:

Null hypothesis: $p \geq 0.29$

Alternative hypothesis: $p< 0.29$

Step-by-step explanation:

For this case they want to proof if the proportion of readers own a Rolls royce is less than 0.29 and that wuld be the alternative hypothesis. The complement would represent the null hypothesis. Then the system of hypothesis for this case are:

Null hypothesis: $p \geq 0.29$

Alternative hypothesis: $p< 0.29$