The owner of Prices Limited claims that 75% of all items in the store are less than $5. Suppose you check a random sample of 146 items and find that 105 have prices less than $5.Test the claim at the .01 level of significance. * 1 point 10. Compute the value of the test statistic. (a) t=-0.86 (b) t=-0.73 (c) z=-0.73 (d) z 0.86 (e) z=-0.86 O D O A O B O E O c

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Darius Jackson - St
E Chapter 7 Test
K Stats Chapter 7 Study
K BraDarius Jackson - St
M PLANS FOR AFTER
X.
forms/d/e/1FAlpQLSfKh3pqp-SJME-dgZndDUj7idr-cNqiYSr4mrMqs6lcJFCq_w/viewform?hr_submission=Chcln7rAPhiQCJG5r_J0CRIHO
The owner of Prices Limited claims that 75% of all items in the store are
1 point
less than $5. Suppose you check a random sample of 146 items and find
that 105 have prices less than $5.Test the claim at the .01 level of
significance. *
10. Compute the value of the test statistic.
(a) t=-0.86
(b) t=-0.73
(c) z=-0.73
(d) z= 0.86
(e) z=-0.86
O E
The owner of Prices Limited claims that 75% of all items in the store are
1 point
less than $5. Suppose you check a random sample of 146 items and find
that 105 have prices less than $5.Test the claim at the .01 level of
significance.
Transcribed Image Text:Darius Jackson - St E Chapter 7 Test K Stats Chapter 7 Study K BraDarius Jackson - St M PLANS FOR AFTER X. forms/d/e/1FAlpQLSfKh3pqp-SJME-dgZndDUj7idr-cNqiYSr4mrMqs6lcJFCq_w/viewform?hr_submission=Chcln7rAPhiQCJG5r_J0CRIHO The owner of Prices Limited claims that 75% of all items in the store are 1 point less than $5. Suppose you check a random sample of 146 items and find that 105 have prices less than $5.Test the claim at the .01 level of significance. * 10. Compute the value of the test statistic. (a) t=-0.86 (b) t=-0.73 (c) z=-0.73 (d) z= 0.86 (e) z=-0.86 O E The owner of Prices Limited claims that 75% of all items in the store are 1 point less than $5. Suppose you check a random sample of 146 items and find that 105 have prices less than $5.Test the claim at the .01 level of significance.
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