6. A plan for a traveler's club has been developed by an airline, and the executives are interested in the proportion of people in the traveler's club. A random sample of 500 customers yielded 40 who would qualify. The company wishes to test the claim that more than 5% of its current cusomers would qualify for membership. (a) St ate the mll and alternative hypotheses for this situation. (b) Give the test st atistic for this hy pothesis test. (c) Give the p-value for this test. St ate your conclusion in terms of the problem situation using a 0.05 sig nific ance (d) level.
6. A plan for a traveler's club has been developed by an airline, and the executives are interested in the proportion of people in the traveler's club. A random sample of 500 customers yielded 40 who would qualify. The company wishes to test the claim that more than 5% of its current cusomers would qualify for membership. (a) St ate the mll and alternative hypotheses for this situation. (b) Give the test st atistic for this hy pothesis test. (c) Give the p-value for this test. St ate your conclusion in terms of the problem situation using a 0.05 sig nific ance (d) level.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:6. A plan for a traveler's club has been developed by an airline, and the executives are interested
in the proportion of people in the traveler's club. A random sam ple of 500 customers yielded
40 who would qualify. The company wishes to test the el aim that more than 5% of its current
cusomers would qualify for membership.
(a)
St ate the mull and alternative hypotheses for this situation.
(b)
the test st atistic
this hypothesis test.
(c)
Give the p-value for this test.
(d)
le vel.
St ate
your
conclusion in terms of the problem situation using a 0.05 signific ance
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