The maker of M&M candies says that 14% of its candies are yellow. You believe that the proportion of yellow candies is more than that. To test your claim at the 5% significance level you collect a random sample of 300 M&M’s and you find that 48 of them are yellow. Ho: p=0.14 Ha: p> 0.14 Find the P-value. Round your answer to 3 decimal places.
The maker of M&M candies says that 14% of its candies are yellow. You believe that the proportion of yellow candies is more than that. To test your claim at the 5% significance level you collect a random sample of 300 M&M’s and you find that 48 of them are yellow. Ho: p=0.14 Ha: p> 0.14 Find the P-value. Round your answer to 3 decimal places.
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
The maker of M&M candies says that 14% of its candies are yellow. You believe that the proportion of yellow candies is more than that. To test your claim at the 5% significance level you collect a random sample of 300 M&M’s and you find that 48 of them are yellow.
Ho: p=0.14 Ha: p> 0.14
Find the P-value. Round your answer to 3 decimal places.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman