DQuestion 20A random sample of 400 residents are asked if they are in favor of the proposed 10% vanity tax that will raise badly needed revenue for infrastructure development. If 300 are in favor, test thehypothesis that more than 60% of the voters are in favor of the proposed tax. Using a 0.01 level of significance, what is the appropriate decision and conclusion?O Do not reject the null hypothesis. At a 0.01 level of significance, there is NO sufficient evidence that more than 60% of the voters are in favor of the proposed tax.O Reject the null hypothesis. At a 0.01 level of significance, there is NO sufficient evidence that more than 60% of the voters are in favor of the proposed tax.O Reject the null hypothesis. At a 0.01 level of significance, there is sufficient evidence that more than 60% of the voters are in favor of the proposed tax.O Do not reject the null hypothesis. At a 0.01 level of significance, there is sufficient evidence that more than 60% of the voters are in favor of the proposed tax.

Given data: Significance level = 0.01

Answered: D Question 20 A random sample of 400…

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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