State your decision to the significance test in terms of the null hypothesis. Consumer data reports that 50% of shoppers who enter a store on Black Friday end up making a purchase. In order to receive a bonus for their efforts, the marketing department of an electronics retailer must show that their stores have exceeded this proportion. A random sample of 320 Black Friday customers found that 176 of them ending up making a purchase. Use the following results and a 0.01 significance level to state your decision about Ho- Но : р— 0.50 Ні : р>0.50 Test statistic: z = 1.79 p-value = 0.0368 There is not enough information. Reject Ho Reject H1 Do not reject Ho Do not reject H1
State your decision to the significance test in terms of the null hypothesis. Consumer data reports that 50% of shoppers who enter a store on Black Friday end up making a purchase. In order to receive a bonus for their efforts, the marketing department of an electronics retailer must show that their stores have exceeded this proportion. A random sample of 320 Black Friday customers found that 176 of them ending up making a purchase. Use the following results and a 0.01 significance level to state your decision about Ho- Но : р— 0.50 Ні : р>0.50 Test statistic: z = 1.79 p-value = 0.0368 There is not enough information. Reject Ho Reject H1 Do not reject Ho Do not reject H1
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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![State your decision to the significance test in terms of the null hypothesis.
Consumer data reports that 50% of shoppers who enter a store on Black Friday end
up making a purchase. In order to receive a bonus for their efforts, the marketing
department of an electronics retailer must show that their stores have exceeded this
proportion. A random sample of 320 Black Friday customers found that 176 of
them ending up making a purchase. Use the following results and a 0.01 significance
level to state your decision about Ho.
Но : р— 0. 50
H1 : p> 0. 50
Test statistic: z = 1.79 p-value = 0.0368
There is not enough information.
Reject Ho
Reject H1
Do not reject Ho
Do not reject H1](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fab8e90de-1834-4897-8d02-45bfaff51002%2F5869c89c-23f0-4746-bc85-861573ab8b33%2Fki3w12r_processed.png&w=3840&q=75)
Transcribed Image Text:State your decision to the significance test in terms of the null hypothesis.
Consumer data reports that 50% of shoppers who enter a store on Black Friday end
up making a purchase. In order to receive a bonus for their efforts, the marketing
department of an electronics retailer must show that their stores have exceeded this
proportion. A random sample of 320 Black Friday customers found that 176 of
them ending up making a purchase. Use the following results and a 0.01 significance
level to state your decision about Ho.
Но : р— 0. 50
H1 : p> 0. 50
Test statistic: z = 1.79 p-value = 0.0368
There is not enough information.
Reject Ho
Reject H1
Do not reject Ho
Do not reject H1
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