Hauz of Gaz claims that more than two-thirds of the houses in a certain subdivision use their brand. Is there a reason to doubt this claim if 25 out of a random sample of 40 houses in the subdivision use the company's brand? Test the claim at 0.01 level of significance. What is the value of the test statistic? (a) 0.6053 (b) 0.6503 (c) -0.6053 (d) -0.6503 Based on the result on the comparison between critical and computed value, what can be concluded? (a) There is enough evidence to reject the claim that more than two-thirds of the houses in the subdivision use Hauz of Gaz brand (b) There is not enough evidence to reject the claim that more than two-thirds of the houses in the subdivision use Hauz of Gaz brand (c) Accept the null hypothesis (d) The given information is not enough to make any conclusion

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Hauz of Gaz claims that more than two-thirds of the houses in a certain subdivision use their brand. Is there a reason to doubt this claim if 25 out of a random sample of 40 houses in the subdivision use the company's brand? Test the claim at 0.01 level of significance.

What is the value of the test statistic? (a) 0.6053 (b) 0.6503 (c) -0.6053 (d) -0.6503

Based on the result on the comparison between critical and computed value, what can be concluded? (a) There is enough evidence to reject the claim that more than two-thirds of the houses in the subdivision use Hauz of Gaz brand (b) There is not enough evidence to reject the claim that more than two-thirds of the houses in the subdivision use Hauz of Gaz brand (c) Accept the null hypothesis (d) The given information is not enough to make any conclusion 

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