A sample of 100 mortgages approved during the current year showed that 31 were issued to a single-earner family or individual. The historical percentage is 25 percent.At the 0.05 level of significance in a right-tailed test, has the percentage of single-earner or individual mortgages risen?**(a-1)** \( H_0: \pi \leq 0.25 \) versus \( H_1: \pi > 0.25 \). Choose the right option.- a. Reject \( H_0 \) if \( z_{calc} > 1.645 \)- b. Reject \( H_0 \) if \( z_{calc} < 1.645 \)- [ ] a ✅- [ ] b**(a-2)** Calculate the test statistic. *(Round your answer to 4 decimal places.)*- Test statistic: 1.386 ❌**(a-3)** The null hypothesis should be rejected.- [ ] True - [x] False ✅

We have given that, Hypothesized population proportion (p0) = 25% = 0.25 favorable cases (x) = 31…

Answered: A sample of 100 mortgages approved…

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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