document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=459448>Question 459448</A>: <I><SPAN STYLE=\"word-break: break-all;\"> K & S Construction, located in Phoenix, Arizona, is working on its business plan for the upcoming year. They did a study to determine if they should focus on building condominiums or individual houses. A building study, which had been conducted by the state, indicated that 60 percent of those families looking to buy a home in Arizona desired to buy a condominium. K & S Construction wanted to know if this figure applied to Phoenix. They collected a sample of 500 individuals that had expressed plans to buy a new home. The z-distribution was selected for this proportion test. The null hypothesis is p = 0.60 and the alternate is p &#8800; 0.60. The significant level selected was .05. From the sample of 500, it was determined that 290 wanted to buy a condominium. What decision should be made regarding the null hypothesis? \r<BR>\n" );
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document.write( "  A.  Fail to reject it <BR>\n" );
document.write( " B.  Reject it  <BR>\n" );
document.write( " C.  The test level of .05 is not acceptable  <BR>\n" );
document.write( " D.  Cannot accept nor reject it based on the information given  <BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #315069 by </B><A HREF=/tutors/aboutme.mpl?userid=edjones><B>edjones(8007)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=edjones><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=edjones><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=315069\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> D. We don't know the standard deviation. </SPAN>\n" );
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