What is the z critical value?A recent survey done by the Philippine Housing Authority found that 35% of thepopulation owns their homes. In a random sample of 240 heads, 78 responded thatthey owned their homes. At the 0.01 level of significance, does that indicate adifference from the national proportion?

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Answered: What is the z critical value? A recent…

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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The Nero Match Company sells matchboxes that are supposed to have an average of 40 matches per box, with o = 8. A random sample of 92 matchboxes shows the average number of matches per box to be 42.9. Using a 1% level of significance, can you say that the average number of matches per box is more than 40? What are we testing in this problem? O single mean O single proportion (a) What is the level of significance? State the null and alternate hypotheses. O Ho: H = 40; H1: H + 40 O Ho: p = 40; H: p > 40 O Ho: H = 40; H1: µ 40 (b) What sampling distribution will you use? What assumptions are you making? O The Student's t, since we assume that x has a normal distribution with unknown o. O The standard normal, since we assume that x has a normal distribution with unknown o. O The Student's t, since we assume that x has a normal distribution with known o. O The standard normal, since we assume that x has a normal distribution with known o. What is the value of the sample test statistic?…
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