document.write( "Question 203671: A manufacturer claims that at least 99% of all his products meet the minimum government standards. A survey of 500 products revealed ten did not meet the standard.
\n" ); document.write( " Conduct the standard hypothesis test procedure and answer the following:
\n" ); document.write( " What is the null hypothesis?
\n" ); document.write( " What is the alternate hypothesis?
\n" ); document.write( " What is the critical value if a = .01?
\n" ); document.write( " What is the z-statistic? ?
\n" ); document.write( " What is your decision ?? Do the products meet the government standards?\r
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Algebra.Com's Answer #153664 by stanbon(75887)\"\" \"About 
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A manufacturer claims that at least 99% of all his products meet the minimum government standards. A survey of 500 products revealed ten did not meet the standard.
\n" ); document.write( "Conduct the standard hypothesis test procedure and answer the following:
\n" ); document.write( "What is the null hypothesis?
\n" ); document.write( "Ho: p >= 0.99
\n" ); document.write( "What is the alternate hypothesis?
\n" ); document.write( "Ha: p <0.99
\n" ); document.write( "What is the critical value if a = .01?
\n" ); document.write( "z = 2.3263....
\n" ); document.write( "What is the z-statistic?
\n" ); document.write( "z(490/500) = [(490/500)-0.99]/[sqrt(0.99*0.01/500)] = -0.01/0.01407...
\n" ); document.write( "= -0.7107
\n" ); document.write( "What is your decision ?? Do the products meet the government standards?
\n" ); document.write( "Reject Ho.
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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