SOLUTION: Assume that the normal distribution applies and find the critical values. Round it to the nearest hundredth.
The significance level is 0.01 and alternative hypothesis is: p is
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The significance level is 0.01 and alternative hypothesis is: p is
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Question 1078929: Assume that the normal distribution applies and find the critical values. Round it to the nearest hundredth.
The significance level is 0.01 and alternative hypothesis is: p is not equal to 0.7 Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! Assume that the normal distribution applies and find the critical values. Round it to the nearest hundredth.
The significance level is 0.01 and alternative hypothesis is: p is not equal to 0.7
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Ho: p = 0.7
Ha: p # 0.7 (two-tail test)
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Note 0.005 in each of the two tails
Find critical value:: invNorm(0.995) = +2.5758
Critical Values:: +/-2.5758
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Cheers,
Stan H.
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