A sample of 108 mortgages approved during the current year showed that 41 were issued to a single-earner family or individual. The historical percentage is 33 percent. At the .05 level of significance in a right-tailed test, has the percentage of single-earner or individual mortgages risen? (a-2) Calculate the test statistic. (Round intermediate calculations to 2 decimal places. Round your answer to 4 decimal places.)
A sample of 108 mortgages approved during the current year showed that 41 were issued to a single-earner family or individual. The historical percentage is 33 percent. At the .05 level of significance in a right-tailed test, has the percentage of single-earner or individual mortgages risen? (a-2) Calculate the test statistic. (Round intermediate calculations to 2 decimal places. Round your answer to 4 decimal places.)
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 sample of 108 mortgages approved during the current year showed that 41 were issued to a single-earner family or individual. The historical percentage is 33 percent.
At the .05 level of significance in a right-tailed test, has the percentage of single-earner or individual mortgages risen?
(a-2) Calculate the test statistic. (Round intermediate calculations to 2 decimal places. Round your answer to 4 decimal places.)
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