Members of the city council want to know if a majority of city residents supports a 1% increase in the sales tax to fund roadrepairs. To investigate, they survey a random sample of 300 city residents and use the results to test the following hypotheses:Но : р — 0.50На : р> 0.50%3Dwhere p is the proportion of all city residents who support a 1% increase in the sales tax to fund road repairs.Given that P-value = 0.18, which of the following would be the most appropriate conclusion?Because the P-value is large, we reject Ho. We have convincing evidence that at most 50% of city residents support the0•tax increase.Because the P-value is large, we reject Ho. We have convincing evidence that at most 50% of city residents support thetax increase.Because the P-value is large, we fail to reject Họ. We do not have convincing evidence that more than 50% of cityresidents support the tax increase.Because the P-value is large, we fail to reject Ho. We have convincing evidence that more than 50% of city residentssupport the tax increase.

Given that Sample size n =300 Population proportion p=50%=0.50

Answered: mbers of the city council want to know…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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