To stock your school store, you buy a total of 25 sweatshirts and hats for $172.50. You pay $8.00 per sweatshirt and $2.50 per h
1 answer:
You might be interested in
Answer:
(1)
Step-by-step explanation:
Data given and notation
n=100 represent the random sample taken
estimated proportion with the survey
is the value that we want to test
represent the significance level
z would represent the statistic (variable of interest)
represent the p value (variable of interest)
Concepts and formulas to use
We need to conduct a hypothesis in order to test the claim that the true proportion is lower than 0.41.:
Null hypothesis:
Alternative hypothesis:
When we conduct a proportion test we need to use the z statistic, and the is given by:
(1)
The One-Sample Proportion Test is used to assess whether a population proportion is significantly different from a hypothesized value
.
Calculate the statistic
Since we have all the info requires we can replace in formula (1) like this: