A CEO of a large electric utility claims that 90% of his 1,000,000 customers are very satisfied with the service they receive. A local news station wants to check if this claim is accurate. Using simple random sampling they sampled 125 customers and found that 106 were very satisfied. Is there enough evidence to conclude that the CEO’s statement is not accurate at the .05 level? Show all steps of a hypothesis test. (State the hypothesis, calculate the z value, report the pvalue, write the conclusion) I.State the hypotheses. II.Calculate the test statistic. III.Find the p-value. IV.Make a statistical decision. V.State your conclusion in context of the problem.
A CEO of a large electric utility claims that 90% of his 1,000,000 customers are very satisfied with the service they receive. A local news station wants to check if this claim is accurate. Using simple random sampling they sampled 125 customers and found that 106 were very satisfied. Is there enough evidence to conclude that the CEO’s statement is not accurate at the .05 level? Show all steps of a hypothesis test. (State the hypothesis, calculate the z value, report the pvalue, write the conclusion) I.State the hypotheses. II.Calculate the test statistic. III.Find the p-value. IV.Make a statistical decision. V.State your conclusion in context of the problem.
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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A CEO of a large electric utility claims that 90% of his 1,000,000 customers are very satisfied with the service they receive. A local news station wants to check if this claim is accurate. Using simple random sampling they sampled 125 customers and found that 106 were very satisfied. Is there enough evidence to conclude that the CEO’s statement is not accurate at the .05 level? Show all steps of a hypothesis test. (State the hypothesis, calculate the z value, report the pvalue, write the conclusion) I.State the hypotheses. II.Calculate the test statistic. III.Find the p-value. IV.Make a statistical decision. V.State your conclusion in context of the problem.
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