85% of all restaurants fail after one year. Is that number different for Chinese restaurants? Out of a random selection of 200 new Chinese restaurants, 175 had failed after one year. Use a 0.05 significance level to test your hypothesis. Do you retain or reject the null hypothesis? Retain the null.

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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QUESTION 7
For this problem you will need: pencil, paper, calculator, z-crit significance levels. and a NC probability calculator,
Z-Crits for Common Significance Levels
https://docs.google.com/document/d/1bkcDAOsof2cceLd0ghlhiyJ4C09VkQwSuGUcOTQLLpl/edit?usp=sharing
Normal Curve Probability Calculator
https://www.mathportal.org/calculators/statistics-calculator/normal-distribution-calculator.php
85% of all restaurants fail after one year. Is that number different for Chinese restaurants? Out of a random selection of 200 new
Chinese restaurants, 175 had failed after one year. Use a 0.05 significance level to test your hypothesis.
Do you retain or reject the null hypothesis?
Retain the null.
Reject the nulI.
Click Save and Submit to save and submit. Click Save All Answers to save all answers.
立
Transcribed Image Text:QUESTION 7 For this problem you will need: pencil, paper, calculator, z-crit significance levels. and a NC probability calculator, Z-Crits for Common Significance Levels https://docs.google.com/document/d/1bkcDAOsof2cceLd0ghlhiyJ4C09VkQwSuGUcOTQLLpl/edit?usp=sharing Normal Curve Probability Calculator https://www.mathportal.org/calculators/statistics-calculator/normal-distribution-calculator.php 85% of all restaurants fail after one year. Is that number different for Chinese restaurants? Out of a random selection of 200 new Chinese restaurants, 175 had failed after one year. Use a 0.05 significance level to test your hypothesis. Do you retain or reject the null hypothesis? Retain the null. Reject the nulI. Click Save and Submit to save and submit. Click Save All Answers to save all answers. 立
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