Ho :P 0.41 H :p< 0.41 Compute the test statistic and p-value. -3.68 (to 2 decimals) z-value p-value 0.0001 8 (to 4 decimals) c. Using a 0.05 level of significance, would you conclude that the proportion of business owners providing gifts decreased? Do not reject Ho. We cannot conclude that the proportion of business owners providing gifts has decreased from last year to this year. What is the smallest level of significance for which you could draw such a conclusion? 0.1293 (to 4 decimals)

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Author:Amos Gilat
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Chapter1: Starting With Matlab
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Ho : P
0.41
H :p<
Compute the test statistic and p-value.
0.41
-3.68
(to 2 decimals)
z-value
(to 4 decimals)
p-value 0.0001
c. Using a 0.05 level of significance, would you conclude that the proportion of business owners providing gifts
decreased?
Do not reject
Ho. We cannot
conclude that the proportion of business
owners providing gifts has decreased from last year to this year.
What is the smallest level of significance for which you could draw such a conclusion?
0.1293
(to 4 decimals)
Transcribed Image Text:Ho : P 0.41 H :p< Compute the test statistic and p-value. 0.41 -3.68 (to 2 decimals) z-value (to 4 decimals) p-value 0.0001 c. Using a 0.05 level of significance, would you conclude that the proportion of business owners providing gifts decreased? Do not reject Ho. We cannot conclude that the proportion of business owners providing gifts has decreased from last year to this year. What is the smallest level of significance for which you could draw such a conclusion? 0.1293 (to 4 decimals)
conducted this year indicates that 35% planned to provide a holiday gift to their employees. Suppose the
survey results are based on a sample of 85 business owners.
a. How many business owners in the survey planned to provide a holiday gift to their employees this year?
Round your answer to the nearest whole number.
30
Transcribed Image Text:conducted this year indicates that 35% planned to provide a holiday gift to their employees. Suppose the survey results are based on a sample of 85 business owners. a. How many business owners in the survey planned to provide a holiday gift to their employees this year? Round your answer to the nearest whole number. 30
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