SOLUTION: A manufacturer claims that less than 1% of all his products do not meet the minimum government standards. A survey of 500 products revealed ten did not meet the standard. What is t

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Question 796745: A manufacturer claims that less than 1% of all his products do not meet the minimum government standards. A survey of 500 products revealed ten did not meet the standard. What is the null hypothesis and alternate hypothesis?
Answer by stanbon(75887) About Me  (Show Source):
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A manufacturer claims that less than 1% of all his products do not meet the minimum government standards. A survey of 500 products revealed ten did not meet the standard. What is the null hypothesis and alternate hypothesis?
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Ho: p >= 0.01
Ha: p < 0.01 (claim)
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Cheers,
Stan H.
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