According to shopper data, 97% of households purchase Plan: The analyst should carry out a z-test for one toilet paper. An analyst believes this is too low. To investigate, the analyst selects a random sample of 500 households and finds that 98% of them purchase toilet paper. Do these data provide convincing statistical evidence at the a = 0.05 level to conclude that the true proportion of all households that purchase toilet paper differs from 0.97? proportion. Determine if each condition is met or not met. Random: met 10%: Large counts: What is the test statistic and P-value? Test statistic: z = | P-value: | The analyst should v Ho. Но-

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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According to shopper data, 97% of households purchase toilet paper. An analyst believes this is too low. To investigate, the analyst selects a random sample of 500 households and finds that 98% of them purchase toilet paper. Do these data provide convincing statistical evidence at the α = 0.05 level to conclude that the true proportion of all households that purchase toilet paper differs from 0.97?

According to shopper data, 97% of households purchase Plan: The analyst should carry out a z-test for one
toilet paper. An analyst believes this is too low. To
investigate, the analyst selects a random sample of 500
households and finds that 98% of them purchase toilet
paper. Do these data provide convincing statistical
evidence at the a = 0.05 level to conclude that the true
proportion of all households that purchase toilet paper
differs from 0.97?
proportion.
Determine if each condition is met or not met.
Random: met
10%:
Large counts:
What is the test statistic and P-value?
Test statistic: z = |
P-value: |
The analyst should
v Ho.
Но-
Transcribed Image Text:According to shopper data, 97% of households purchase Plan: The analyst should carry out a z-test for one toilet paper. An analyst believes this is too low. To investigate, the analyst selects a random sample of 500 households and finds that 98% of them purchase toilet paper. Do these data provide convincing statistical evidence at the a = 0.05 level to conclude that the true proportion of all households that purchase toilet paper differs from 0.97? proportion. Determine if each condition is met or not met. Random: met 10%: Large counts: What is the test statistic and P-value? Test statistic: z = | P-value: | The analyst should v Ho. Но-
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