Which one of the following statements is correct? Select one: O 1. The null hypothesis is Ho: μ> 0.65. O 2. The null hypothesis is Ho: μ = 0.65. O 3. The alternative hypothesis is H₁: μ> 0.65. 4. In this hypothesis testing, we can use either one-tail or two-tail test. O 5. The standard error for proportion is 0.048.

MATLAB: An Introduction with Applications
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A president of a company that manufactures central home air conditioning units has told an
investigative reporter that an average of at least 65% of its homeowners claim to be
"completely satisfied" with the overall purchase experience. Suppose that the reporter
subjects the president's statement to statistical scrutiny by questioning a sample of 100
company's residential customers.
Which one of the following statements is correct?
Select one:
O 1. The null hypothesis is Ho: μ > 0.65.
O2. The null hypothesis is Ho: μ = 0.65.
O 3. The alternative hypothesis is H₁: p > 0.65.
4.
In this hypothesis testing, we can use either one-tail or two-tail test.
5.
The standard error for proportion is 0.048.
Transcribed Image Text:A president of a company that manufactures central home air conditioning units has told an investigative reporter that an average of at least 65% of its homeowners claim to be "completely satisfied" with the overall purchase experience. Suppose that the reporter subjects the president's statement to statistical scrutiny by questioning a sample of 100 company's residential customers. Which one of the following statements is correct? Select one: O 1. The null hypothesis is Ho: μ > 0.65. O2. The null hypothesis is Ho: μ = 0.65. O 3. The alternative hypothesis is H₁: p > 0.65. 4. In this hypothesis testing, we can use either one-tail or two-tail test. 5. The standard error for proportion is 0.048.
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