EBK STATISTICAL TECHNIQUES IN BUSINESS
EBK STATISTICAL TECHNIQUES IN BUSINESS
17th Edition
ISBN: 9781259924163
Author: Lind
Publisher: MCGRAW HILL BOOK COMPANY
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Chapter 15, Problem 1E

The following hypotheses are given.

H 0 : π .70 H 1 : π > .70

A sample of 100 observations revealed that p = .75. At the .05 significance level, can the null hypothesis be rejected?

  1. a. State the decision rule.
  2. b. Compute the value of the test statistic.
  3. c. What is your decision regarding the null hypothesis?
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EBK STATISTICAL TECHNIQUES IN BUSINESS

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