A sample of 103 mortgages approved during the current year showed that 39 were issued to a single-earner family or individual. The historical percentage is 31 percent. At the .05 level of significance in a right-tailed test, has the percentage of single-earner or individual mortgages risen? (a-1) Hg: n s.31 versus H1: 1 > .31. Choose the right option. a. Reject Hg if zcalc > 1.645 b. Reject Ho if zcalc < 1.645 a b (a-2) Calculate the test statistic. (Round intermediate calculations to 2 decimal places. Round your answer to 4 decimal places.) Test statistic

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A sample of 103 mortgages approved during the current year showed that 39 were issued to a single-earner family or individual. The
historical percentage is 31 percent.
At the .05 level of significance in a right-tailed test, has the percentage of single-earner or individual mortgages risen?
(a-1) Họ: T s.31 versus H1: >.31. Choose the right option.
a. Reject Ho if zcalc > 1.645
b. Reject Ho if zcalc < 1.645
a
(a-2) Calculate the test statistic. (Round intermediate calculations to 2 decimal places. Round your answer to 4 decimal places.)
Test statistic
Transcribed Image Text:A sample of 103 mortgages approved during the current year showed that 39 were issued to a single-earner family or individual. The historical percentage is 31 percent. At the .05 level of significance in a right-tailed test, has the percentage of single-earner or individual mortgages risen? (a-1) Họ: T s.31 versus H1: >.31. Choose the right option. a. Reject Ho if zcalc > 1.645 b. Reject Ho if zcalc < 1.645 a (a-2) Calculate the test statistic. (Round intermediate calculations to 2 decimal places. Round your answer to 4 decimal places.) Test statistic
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