The null hypothesis for this test would be: b) The alternative hypothesis? c) What is the value of the test statistic, Z?

MATLAB: An Introduction with Applications
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a) The null hypothesis for this test would be: b) The alternative hypothesis? c) What is the value of the test statistic, Z?
T = 56
n # .56
IT = .50
It # .50
Transcribed Image Text:T = 56 n # .56 IT = .50 It # .50
Scenario: Erna Economist claims that a
majority of Americans feel that corporations
make too much profit. According to a 2019
Pew Research poll, 56% of a random sample
of 1,500 adults said that business
corporations make too much profit. Run a
hypothesis test to assess Erna Economist's
claim.
Transcribed Image Text:Scenario: Erna Economist claims that a majority of Americans feel that corporations make too much profit. According to a 2019 Pew Research poll, 56% of a random sample of 1,500 adults said that business corporations make too much profit. Run a hypothesis test to assess Erna Economist's claim.
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