An executive believes that no more than 80% of the company’s employees take all of their vacation days. In a sample of 200 members, 150 employees took all of their vacation days. Therefore, the test statistic is -1.77. When testing the executive's (using a 1% level of significance), what is the p-value? *please round your answer to 4 decimal places*
An executive believes that no more than 80% of the company’s employees take all of their vacation days. In a sample of 200 members, 150 employees took all of their vacation days. Therefore, the test statistic is -1.77. When testing the executive's (using a 1% level of significance), what is the p-value? *please round your answer to 4 decimal places*
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 30PPS
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3) An executive believes that no more than 80% of the company’s employees take all of their vacation days. In a sample of 200 members, 150 employees took all of their vacation days. Therefore, the test statistic is -1.77. When testing the executive's (using a 1% level of significance), what is the p-value?
*please round your answer to 4 decimal places*
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