SOLUTION: Assume Ho: p=.92 and Ha: p is not equal to .92. If the significance level is .05, and a random sample of 4000 observations includes 3600 sucessess, what decision should be made?

SOLUTION: Assume Ho: p=.92 and Ha: p is not equal to .92. If the significance level is .05, and a random sample of 4000 observations includes 3600 sucessess, what decision should be made?

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Question 64428: Assume Ho: p=.92 and Ha: p is not equal to .92. If the significance level is .05, and a random sample of 4000 observations includes 3600 sucessess, what decision should be made?
1. Accept Ho
2. Reject Ho
3. Reject Ha
4. Resample; the sample size is too large
5. None of these
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Answer is Reject Ho because the p value is less than alpha=0.05
Cheers,
Stan H.
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