What is the alternative hypothesis? Op > 0.91 Op≥ 0.78 Op≥ 0.91 Op > 0.91 Op≥ 0.78 Op > 0.78 Op> 0.78 Op ≥ 0.91 What is the appropriate critical value?

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In a simple random sample of 22 small business owners, 20 said that hiring college graduates makes their
workplace better. Test the hypothesis that more than 78% of small business owners believe that hiring college
graduates makes their workplace better at the 0.01 level.
What is the alternative hypothesis?
Op > 0.91
Op≥ 0.78
Op≥ 0.91
Op > 0.91
Op≥ 0.78
Op > 0.78
Op > 0.78
Op ≥ 0.91
What is the appropriate critical value?
2.518
2.576
2.326
2.831
State your decision given a test statistic of 2.01.
Reject Ho
Fail to reject Ho
Accept Ho
The correct conclusion is that we Select an answer
conclude that Select an answer
78% of
Select an answer ◆ small business owners believe that hiring college graduates makes their workplace better.
What level of concern do you have for the validity of your results?
Low - the only assumption violated (ngo = 4.84) misses by a very small margin, so there is minor
concern
None - all assumptions are met so there appears to be no problem with the conclusion
Extreme - we should not use any part of what we've done to make a conclusion
Moderate - the sample size is only 22, but that's likely close enough to 30 for our results to not be
completely dismissed
Either the low or moderate response is acceptable
Transcribed Image Text:In a simple random sample of 22 small business owners, 20 said that hiring college graduates makes their workplace better. Test the hypothesis that more than 78% of small business owners believe that hiring college graduates makes their workplace better at the 0.01 level. What is the alternative hypothesis? Op > 0.91 Op≥ 0.78 Op≥ 0.91 Op > 0.91 Op≥ 0.78 Op > 0.78 Op > 0.78 Op ≥ 0.91 What is the appropriate critical value? 2.518 2.576 2.326 2.831 State your decision given a test statistic of 2.01. Reject Ho Fail to reject Ho Accept Ho The correct conclusion is that we Select an answer conclude that Select an answer 78% of Select an answer ◆ small business owners believe that hiring college graduates makes their workplace better. What level of concern do you have for the validity of your results? Low - the only assumption violated (ngo = 4.84) misses by a very small margin, so there is minor concern None - all assumptions are met so there appears to be no problem with the conclusion Extreme - we should not use any part of what we've done to make a conclusion Moderate - the sample size is only 22, but that's likely close enough to 30 for our results to not be completely dismissed Either the low or moderate response is acceptable
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