SOLUTION: test at the .01 level the statement that 55% of those failies who plan to purchase a vacation residence in Florida want a condominium. The null hypothesis is
HO= .55
HO≠
Algebra.Com
Question 251642: test at the .01 level the statement that 55% of those failies who plan to purchase a vacation residence in Florida want a condominium. The null hypothesis is
HO= .55
HO≠ .55
a random sample of 400 families who planned to buy a vacation residence revealed that 228 families want a condominium. What decision should be made regarding the null hypothesis?
a. do not reject
b. reject it
c. cannot accept nor reject it based on the information given
d. none of the above
Answer by nyc_function(2741) (Show Source): You can put this solution on YOUR website!
This question will be answered at the following statistics and probability link:
http://www.freemathhelp.com/forum/viewforum.php?f=12&sid=51580ca681ae589665bf7cb5e5ac2486
RELATED QUESTIONS
13. Test at the 0.01 level the statement that 55% of those families who plan to purchase... (answered by Boreal)
Test at the 0.01 level the statement that 55% of those families who plan to purchase a... (answered by stanbon)
Test at the 0.01 level the statement that 55% of those families who plan to purchase a... (answered by stanbon)
Test at the 0.01 level the statement that 55% of those families who plan to purchase a... (answered by Boreal)
A study was conducted to determine the proportion of people who dream in black and white... (answered by ikleyn)
A study was conducted to determine the proportion of people who dream in black and white... (answered by ikleyn)
The mayor of a town has proposed a plan for the annexation of an adjoining bridge. A... (answered by Boreal)
A sample of employees at a large chemical plant was asked to indicate a preference for... (answered by stanbon)
After a losing season, there is a great uproar to fire the head football coach. In a... (answered by stanbon)