Answered: Members of the homeowners' association…

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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Members of the homeowners' association (HOA) want to know whether more than 45% of homeowners from a local residential community supports a 2% annual increase in HOA fees for five years to fund the resurfacing of the community swimming pool. The HOA surveys a random sample of 50 homeowners and use the results to test the hypotheses H₀: p = 0.45 and H_a: p > 0.45, where p is the proportion of all homeowners who support a 2% annual increase in HOA fees for five years to fund the pool resurfacing. In the context of this study, how could a Type I error occur?

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The HOA finds evidence that more than 45% of homeowners do not support the fee increase, when there isn't convincing evidence that more than 45% supports the increase.

The HOA finds evidence that more than 45% of homeowners support the fee increase, when at most, 45% of the homeowners support the increase.

The HOA finds evidence that more than 45% of homeowners support the fee increase, when more than 45% of the homeowners do support the increase.

The HOA does not find evidence that more than 45% of homeowners support the fee increase, when more than 45% of the homeowners do support the increase.

The HOA does not find evidence that more than 45% of homeowners support the fee increase, when at most, 45% of the homeowners do support the increase.

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