1. (16 pts) A company reports that 80% of its employees participate in the company's stock purchase plan. A random sample of 50 employees was asked the question, "Do you participate in the stock purchase plan?" The answers are shown below. yes no no yes no no yes yes no no no yes yes yes no yes no nо yes yes yes yes yes yes yes yes yes yes yes yes no yes yes no yes yes no yes no no yes yes yes yes yes no no yes yes no YES = 32 , NO = 18 Perform the appropriate test of hypothesis to investigate your suspicion that fewer than 80% of the company's employees participate in the plan. Use a = .05.

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1. (16 pts) A company reports that 80% of its employees participate in the company's stock purchase plan. A
random sample of 50 employees was asked the question, "Do you participate in the stock purchase plan?" The
answers are shown below.
yes no
no yes no
no
yes yes no
no
no yes yes yes no
yes no
nо yes yes
yes yes yes
yes
yes yes yes yes yes yes
no yes yes no
yes yes no
yes no
no
yes yes yes yes yes no
no yes yes no
YES = 32 , NO = 18
Perform the appropriate test of hypothesis to investigate your suspicion that fewer than 80% of the company's
employees participate in the plan. Use a = .05.
Transcribed Image Text:1. (16 pts) A company reports that 80% of its employees participate in the company's stock purchase plan. A random sample of 50 employees was asked the question, "Do you participate in the stock purchase plan?" The answers are shown below. yes no no yes no no yes yes no no no yes yes yes no yes no nо yes yes yes yes yes yes yes yes yes yes yes yes no yes yes no yes yes no yes no no yes yes yes yes yes no no yes yes no YES = 32 , NO = 18 Perform the appropriate test of hypothesis to investigate your suspicion that fewer than 80% of the company's employees participate in the plan. Use a = .05.
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