32 randomly picked people were asked if they rented or owned their own home, 8 said they rented. Obtain a point estimate of the
1 answer:
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Answer:
there is insufficient evidence to support the claim that more than 10% of the employees are paid minimum wage.
Step-by-step explanation:
Given that:
A marketing organization claims that more than 10% of its employees are paid minimum wage.
The null hypothesis is:
The alternative hypothesis is:
If a hypothesis test is performed that fails to reject the null hypothesis, how would this decision be interpreted
i.e Decision Rule: fails to reject the null hypothesis
Then the interpretation of the decision is that, there is insufficient evidence to support the claim that more than 10% of the employees are paid minimum wage.