Jump to level 1 A bank has a policy that the proportion of loans made to people with more than $50,000 in debt should not be more than 0.15 The bank checks a randomly chosen sample of 75 customer's debt amounts to determine if the proportion is more than 0.15 at a significance level of 0.05. Use Sheet 2 of the Excel file to calculate p, the z-score, and the p-value. Ex: 1.234 p = Since the p-value is Pick greater evideless than the significance level 0.05, the null hypothesis Pick Pick that the proportion of loans to people with more than $50,000 in debt is more than 0.15. 2 Check Next
Jump to level 1 A bank has a policy that the proportion of loans made to people with more than $50,000 in debt should not be more than 0.15 The bank checks a randomly chosen sample of 75 customer's debt amounts to determine if the proportion is more than 0.15 at a significance level of 0.05. Use Sheet 2 of the Excel file to calculate p, the z-score, and the p-value. Ex: 1.234 p = Since the p-value is Pick greater evideless than the significance level 0.05, the null hypothesis Pick Pick that the proportion of loans to people with more than $50,000 in debt is more than 0.15. 2 Check Next
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Please answer all parts in the same format as pictured below. I've included the last 2 questions below in case you cannot see them in the picture:
Null hypothesis
fails to be rejected OR
Is rejected
Sufficient evidence exists OR
Insufficient evidence exists
Thank you
Transcribed Image Text:HALLENGE ACTIVITY
7.1.4: Excel: Hypothesis test for a population proportion.
click this link to download the spreadsheet for use in this activity.
Jump to level 1
A bank has a policy that the proportion of loans made to people with more than $50,000 in debt should not
be more than 0.15. The bank checks a randomly chosen sample of 75 customer's debt amounts to
determine if the proportion is more than 0.15 at a significance level of 0.05. Use Sheet 2 of the Excel file to
calculate p, the z-score, and the p-value.
Ex: 1.234
p =
Since the p-value is Pick
greater
VevidelesS
than the significance level 0.05, the null hypothesis Pick
Pick
that the proportion of loans to people with more than $50,000 in debt is
more than 0.,15.
3.
Check
Next
Feec
Transcribed Image Text:12:52
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30025
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19891
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26804
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51759
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88069
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51201
18
34994
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20572
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51977
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4703.7
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47336
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44720
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29360
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34616
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1017.6
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47474
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60066
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13372
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23704
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19126
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62162
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48231
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20272
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60162
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20646
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25867
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20601
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