2. A startup company has an overall of its states of 90% that has been settled for 20 days. A tech group enthusiast has randomly sample of 89 of the company's claim to test and validate this statement. If the tech group found out that the 56 of the claims were settled in 20 days, do they have sufficient reason to support their contention that has fewer than 80% of the claims that has been settled in 20 days? Use 5% level of significance Step 1: State the hypotheses. Step 2: The level of significance, onetwo-talled test, degrees of freedom Step 3: Statistical Test

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.4: Collecting Data
Problem 6E
icon
Related questions
Question
2. A startup company has an overall of its states of 90% that has been settled for 20 days.
A tech group enthusiast has randomly sample of 89 of the company's claim to test and
validate this statement. If the tech group found out that the 56 of the claims were settled
in 20 days, do they have sufficient reason to support their contention that has fewer than
80% of the claims that has been settled in 20 days? Use 5% level of significance
Step 1: State the hypotheses.
Step 2: The level of significance, onetwo-talled test, degrees of freedom
Step 3: Statistical Test
Step 4: Computation
Step 5: Decision Rule
Step 6: Reject Ho or Failed to Reject Ho
Step 7: Conclusion
Transcribed Image Text:2. A startup company has an overall of its states of 90% that has been settled for 20 days. A tech group enthusiast has randomly sample of 89 of the company's claim to test and validate this statement. If the tech group found out that the 56 of the claims were settled in 20 days, do they have sufficient reason to support their contention that has fewer than 80% of the claims that has been settled in 20 days? Use 5% level of significance Step 1: State the hypotheses. Step 2: The level of significance, onetwo-talled test, degrees of freedom Step 3: Statistical Test Step 4: Computation Step 5: Decision Rule Step 6: Reject Ho or Failed to Reject Ho Step 7: Conclusion
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax