Identify the null and alternative hypothesis for this study by filling in the blanks with the correct symbol (=,#,<, or > to represent the correct hypothesis.) Provide your answer below: null hypothesis : p 0.26 alternative hypothesis : pO0.26
Identify the null and alternative hypothesis for this study by filling in the blanks with the correct symbol (=,#,<, or > to represent the correct hypothesis.) Provide your answer below: null hypothesis : p 0.26 alternative hypothesis : pO0.26
MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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9.6.4-Calculator Hypothesis Testing with Technology Proportion
Question
A bank collector is studying borrowers who are overdue on loan payments. They would like to test the claim that the percent
of borrowers who are overdue on loan payments by at least 6 months is less than 26%. They decide to complete a
hypothesis test at a 5% significance level. They sample 35 borrowers, and determine the sample percent to be 20%. The
following is the data from this study:
Sample size = 35 borrowers
Sample proportion = 0.20
Identify the null and alternative hypothesis for this study by filling in the blanks with the correct symbol (=,#,<, or > to
represent the correct hypothesis.)
Provide your answer below:
null hypothesis : p0.26
alternative hypothesis : p
|0.26
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