In a sample of 1000 home buyers, you find that 423 home buyers found their real estate agent through a friend. At α = 0.06, can you reject the claim that 40% of home buyers find real estate agent through a friend? ⒸA. Ho: p=0.40 Ha: p>0.40 O D. Ho: p<0.40 Ha: p≥0.40 (b) What is (are) the critical value(s) Zo? 0 Zo O B. Ho: p = 0.40 Ha: p=0.40 Zo = (Use a comma to separate answers as needed. Round to two decimal places as needed.) Which of the following graphs has the rejection region(s) shaded correctly? O A. Ⓡ Q ГА O E. Ho: p≥ 0.40 Ha: p<0.40 O B. -20 0 Zo (…) G O C. Ho: p≤ 0.40 Ha:p> 0.40 OF. Ho: p> 0.40 Ha: p≤ 0.40 O C. Zo 0 Q

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(a) Write the claim mathematically and identify Ho and Ha. (b) Find the critical value(s) and identify the rejection region(s). (c) Find the standardized test statistic. (d) Decide whether to
reject or fail to reject the null hypothesis.
In a sample of 1000 home buyers, you find that 423 home buyers found their real estate agent through a friend. At x = 0.06, can you reject the claim that 40% of home buyers find their
real estate agent through a friend?
ⒸA. Ho: p=0.40
Ha: p>0.40
O D. Ho: p<0.40
Ha: p≥0.40
(b) What is (are) the critical value(s) Zo?
OB. Ho: p= 0.40
Ha: p=0.40
Q
Q
O E. Ho: p≥ 0.40
Ha: p<0.40
Zo =
(Use a comma to separate answers as needed. Round to two decimal places as needed.)
Which of the following graphs has the rejection region(s) shaded correctly?
O A.
O B.
-20 0
Zo
G
Q
O C. Ho: p≤ 0.40
Ha: p> 0.40
OF. Ho: p> 0.40
Ha: p≤ 0.40
O C.
Z₁
Transcribed Image Text:(a) Write the claim mathematically and identify Ho and Ha. (b) Find the critical value(s) and identify the rejection region(s). (c) Find the standardized test statistic. (d) Decide whether to reject or fail to reject the null hypothesis. In a sample of 1000 home buyers, you find that 423 home buyers found their real estate agent through a friend. At x = 0.06, can you reject the claim that 40% of home buyers find their real estate agent through a friend? ⒸA. Ho: p=0.40 Ha: p>0.40 O D. Ho: p<0.40 Ha: p≥0.40 (b) What is (are) the critical value(s) Zo? OB. Ho: p= 0.40 Ha: p=0.40 Q Q O E. Ho: p≥ 0.40 Ha: p<0.40 Zo = (Use a comma to separate answers as needed. Round to two decimal places as needed.) Which of the following graphs has the rejection region(s) shaded correctly? O A. O B. -20 0 Zo G Q O C. Ho: p≤ 0.40 Ha: p> 0.40 OF. Ho: p> 0.40 Ha: p≤ 0.40 O C. Z₁
(c) What is the standardized test statistic?
z =
(Round to two decimal places as needed.)
(d) Which of the following is the correct conclusion for the test?
O A. Reject Ho. There is enough evidence to reject the claim that 40% of buyers find
their real estate agent through a friend.
O C. Fail to reject Ho. There is not enough evidence to reject the claim that 40% of
buyers find their real estate agent through a friend.
OB. Reject Ho. There is not enough evidence to reject the claim that 40% of buyers
find their real estate agent through a friend.
O D. Fail to reject Ho. There is enough evidence to reject the claim that 40% of buyers
find their real estate agent through a friend.
Transcribed Image Text:(c) What is the standardized test statistic? z = (Round to two decimal places as needed.) (d) Which of the following is the correct conclusion for the test? O A. Reject Ho. There is enough evidence to reject the claim that 40% of buyers find their real estate agent through a friend. O C. Fail to reject Ho. There is not enough evidence to reject the claim that 40% of buyers find their real estate agent through a friend. OB. Reject Ho. There is not enough evidence to reject the claim that 40% of buyers find their real estate agent through a friend. O D. Fail to reject Ho. There is enough evidence to reject the claim that 40% of buyers find their real estate agent through a friend.
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