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Question 5: The owner of a small pet supply store wants to open a second store in another city, but he only wants to do so if more than one-third of the city's households have pets (otherwise there won't be enough business). He samples 150 of the households and finds that 64 have pets. Use technology to determine if this sample provides evidence that more than one-third of households in this city own pets. Use a 5% significance level. a. State the parameters and hypotheses. b. Find the observed sample statistic. c. Using Statkey or another tool find the p-value. of stze 45 ta condence interval a. Are the results statistically significant? Why or why not? ations had an en wenge d. Make a generic decision and make a conclusion in context.

Question 5: The owner of a small pet supply store wants to open a second store in another city, but he only wants to do so if more than one-third of the city's households have pets (otherwise there won't be enough business). He samples 150 of the households and finds that 64 have pets. Use technology to determine if this sample provides evidence that more than one-third of households in this city own pets. Use a 5% significance level. a. State the parameters and hypotheses. b. Find the observed sample statistic. c. Using Statkey or another tool find the p-value. of stze 45 ta condence interval a. Are the results statistically significant? Why or why not? ations had an en wenge d. Make a generic decision and make a conclusion in context.

MATLAB: An Introduction with Applications
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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Our results significantly significant why or why not? Make generic decisions and make conclusion in context? 
Question 5: The owner of a small pet supply store wants to open a second store in another city, but he only wants to do so if more than one-third of the city's households have pets (otherwise there won't be enough business). He samples 150 of the households and finds that 64 have pets. Use technology to determine if this sample provides evidence that more than one-third of households in this city own pets. Use a 5% significance level. a. State the parameters and hypotheses. 19.24 20 23 b. Find the observed sample statistic. c. Using Statkey or another tool find the p-value. used to censtrct a condence interval for mples y created. Where willte bootstrap 45 with otstrap dist ion.k a. Are the results statistically significant? Why or why not? chs stations had an d. Make a generic decision and make a conclusion in context.
Transcribed Image Text:Question 5: The owner of a small pet supply store wants to open a second store in another city, but he only wants to do so if more than one-third of the city's households have pets (otherwise there won't be enough business). He samples 150 of the households and finds that 64 have pets. Use technology to determine if this sample provides evidence that more than one-third of households in this city own pets. Use a 5% significance level. a. State the parameters and hypotheses. 19.24 20 23 b. Find the observed sample statistic. c. Using Statkey or another tool find the p-value. used to censtrct a condence interval for mples y created. Where willte bootstrap 45 with otstrap dist ion.k a. Are the results statistically significant? Why or why not? chs stations had an d. Make a generic decision and make a conclusion in context.
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