document.write( "Question 134849: I'm an online student, please help.\r
\n" ); document.write( "\n" ); document.write( "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. \r
\n" ); document.write( "\n" ); document.write( "Conduct the 5-step hypothesis test … 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?
\n" ); document.write( "

Algebra.Com's Answer #98696 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
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 5-step hypothesis test … and answer the following:
\n" ); document.write( "What is the null hypothesis?
\n" ); document.write( "Ho: p = 0.99
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\n" ); document.write( "What is the alternate hypothesis?
\n" ); document.write( "Ha: p > 0.99 (Claim)
\n" ); document.write( "-----------------
\n" ); document.write( "What is the critical value if a = .01?
\n" ); document.write( "z = 2.326
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\n" ); document.write( "What is the z-statistic?
\n" ); document.write( "p-hat = 490/500 = 0.98
\n" ); document.write( "z(0.98) = (0.98-0.99) = -2.2473
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\n" ); document.write( "What is your decision ?? Do the products meet the government standards?
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\n" ); document.write( "This is a bit confusing. The stated claim was that the company exceeded
\n" ); document.write( "the government standard; we tested that claim and the conclusion is a
\n" ); document.write( "rejection of Ho. The test gives strong evidence that p is less than 99%.
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\n" ); document.write( "Now we are asked whether the product meets the government standard. That requires the following testing:
\n" ); document.write( "Ho: p=0.99
\n" ); document.write( "Ha: p<0.99
\n" ); document.write( "This requires a left-tail test.
\n" ); document.write( "Critical value is -2.326
\n" ); document.write( "P-hat is still 0.98
\n" ); document.write( "Test statistic remains - 2.2473
\n" ); document.write( "Conclusion: Since test stat is in the rejection interval below
\n" ); document.write( "the critical value, reject Ho.
\n" ); document.write( "The product does not meet the government standard.
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.\r
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