document.write( "Question 74933: A sales clerk in a departmental store claims that 60 % of the shoppers entering the store leave without making a purchase . A random sample of 50 shoppers showed that 35 of them left without buying anything . Are these sample results consistent with the claims of the sales clerk ? test at signifincance level of 0.01 . \n" ); document.write( "
Algebra.Com's Answer #54330 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! A sales clerk in a departmental store claims that 60 % of the shoppers entering the store leave without making a purchase . A random sample of 50 shoppers showed that 35 of them left without buying anything . Are these sample results consistent with the claims of the sales clerk ? test at signifincance level of 0.01 . \n" ); document.write( "--------------- \n" ); document.write( "Ho: p=0.6 \n" ); document.write( "Ha: p is not 0.6 \n" ); document.write( "x=35 when n=50 implies that p-hat=35/50=0.7 \n" ); document.write( "z(0.7)=(0.7-0.6)/sqrt[(0.6*0.4)/50)=0.1/sqrt0.0048=0.1/0.069=1.44 \n" ); document.write( "p value = 0.07 \n" ); document.write( "Since p value > alpha, Fail to Reject Ho. \n" ); document.write( "Conclusion. \n" ); document.write( "The sales clerk's opinon is about right. \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " \n" ); document.write( " |