How can you use rate to compare the cost of two of cereal that are different sizes.
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Answer:
The p-value for the one-sided Hypothesis test described in this example is 0.3121.
Step-by-step explanation:
Test the hypothesis that more than 50% of people plan on voting for the levy.
At the null hypothesis, we test that the proportion is 50%, that is:
At the alternate hypothesis, we test if this proportion is above 50%, that is:
The test statistic is:
In which X is the sample mean, is the value tested at the null hypothesis,
is the standard deviation and n is the size of the sample.
0.5 is tested at the null hypothesis:
This means that
Of these 150 respondents, 78 people say they plan on voting for the levy.
This means that
Value of the test statistic:
Pvalue of the test:
The pvalue of the test is the probability of finding a proportion above 0.52, which is 1 subtracted by the pvalue of z = 0.49.
Looking at the z-table, z = 0.49 has a pvalue of 0.6879.
1 - 0.6879 = 0.3121
The p-value for the one-sided Hypothesis test described in this example is 0.3121.