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

MATLAB: An Introduction with Applications
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What is the z critical value?
A recent survey done by the Philippine Housing Authority found that 35% of the
population owns their homes. In a random sample of 240 heads, 78 responded that
they owned their homes. At the 0.01 level of significance, does that indicate a
difference from the national proportion?
Transcribed Image Text:What is the z critical value? A recent survey done by the Philippine Housing Authority found that 35% of the population owns their homes. In a random sample of 240 heads, 78 responded that they owned their homes. At the 0.01 level of significance, does that indicate a difference from the national proportion?
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