For this problem you will need: pencil, paper, calculator, z-crit significance levels. and a NC probability calculator, Z-Crits for Common Significance Levels https://docs.google.com/document/d/1bkcDAOsof2cceLd0qhlhiyJ4C09VkQwSuGUcOTQLLpl/edit?usp%3sharing Normal Curve Probability Calculator https://www.mathportal.org/calculators/statistics-calculator/normal-distribution-calculator.php 85% of all restaurants fail after one year. Is that number different for Chinese restaurants? Out of a random selection of 200 new Chinese restaurants, 175 had failed after one year. Use a 0.05 significance level to test your hypothesis. What is the p? (round to nearest thousandth)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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QUESTION 3
For this problem you will need: pencil, paper, calculator, z-crit significance levels. and a NC probability calculator,
Z-Crits for Common Significance Levels
https://docs.google.com/document/d/1bkcDAOsof2cceLd0qhlhiyJ4C09VkQwSuGUcOTQLLpl/edit?usp3sharing
Normal Curve Probability Calculator
https://www.mathportal.org/calculators/statistics-calculator/normal-distribution-calculator.php
85% of all restaurants fail after one year. Is that number different for Chinese restaurants? Out of a random selection of 200 new Chinese
restaurants, 175 had failed after one year. Use a 0.05 significance level to test your hypothesis.
What is the p? (round to nearest thousandth)
Transcribed Image Text:QUESTION 3 For this problem you will need: pencil, paper, calculator, z-crit significance levels. and a NC probability calculator, Z-Crits for Common Significance Levels https://docs.google.com/document/d/1bkcDAOsof2cceLd0qhlhiyJ4C09VkQwSuGUcOTQLLpl/edit?usp3sharing Normal Curve Probability Calculator https://www.mathportal.org/calculators/statistics-calculator/normal-distribution-calculator.php 85% of all restaurants fail after one year. Is that number different for Chinese restaurants? Out of a random selection of 200 new Chinese restaurants, 175 had failed after one year. Use a 0.05 significance level to test your hypothesis. What is the p? (round to nearest thousandth)
QUESTION 4
For this problem you will need: pencil, paper, calculator, z-crit significance levels. and a NC probability calculator,
Z-Crits for Common Significance Levels
https://docs.google.com/document/d/1bkcDAOsof2cceLd0qhlhiy.J4C09VKQWSUGU¢OTQLL.pl/edit?usp%3sharing
Normal Curve Probability Calculator
https://www.mathportal.org/calculators/statistics-calculator/normal-distribution-calculator.php
85% of all restaurants fail after one year. Is that number different for Chinese restaurants? Out of a random selection of 200 new Chinese
restaurants, 175 had failed after one year. Use a 0.05 significance level to test your hypothesis.
What is the standard error? (round to the nearest thousandth)
Transcribed Image Text:QUESTION 4 For this problem you will need: pencil, paper, calculator, z-crit significance levels. and a NC probability calculator, Z-Crits for Common Significance Levels https://docs.google.com/document/d/1bkcDAOsof2cceLd0qhlhiy.J4C09VKQWSUGU¢OTQLL.pl/edit?usp%3sharing Normal Curve Probability Calculator https://www.mathportal.org/calculators/statistics-calculator/normal-distribution-calculator.php 85% of all restaurants fail after one year. Is that number different for Chinese restaurants? Out of a random selection of 200 new Chinese restaurants, 175 had failed after one year. Use a 0.05 significance level to test your hypothesis. What is the standard error? (round to the nearest thousandth)
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