Company records indicate that at most 24% of employees commute to work using public transportation. You suspect this is incorrect, so you sample 176 random employees and find that 50 of them take public transportation to work. State the null and alternative hypotheses of this test. What is p? Is the success-failure condition of the Central Limit Theorem satisfied? According to Central Limit Theorem, what is the mean and standard deviation? What is the p value of the hypothesis test? Is the result considered significant at the α=0.05 level of significance? Can we dispute with 95% confidence, the claim that at most 24% of employees commute to work using public transportation?
Company records indicate that at most 24% of employees commute to work using public transportation. You suspect this is incorrect, so you sample 176 random employees and find that 50 of them take public transportation to work.
State the null and alternative hypotheses of this test.
What is p?
Is the success-failure condition of the Central Limit Theorem satisfied?
According to Central Limit Theorem, what is the mean and standard deviation?
What is the p value of the hypothesis test?
Is the result considered significant at the α=0.05 level of significance?
Can we dispute with 95% confidence, the claim that at most 24% of employees commute to work using public transportation?
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