A business journal investigation of the performance and timing of corporate acquisitions discovered that in a random sample of 2,893 firms, 759 announced one or more acquisitions during the year 2000. Does the sample provide sufficient evidence to indicate that the true percentage of all firms that announced one or more acquisitions during the year 2000 is less than 28%? Use a = 0.05 to make your decision. H: p#0.28 H3: p>0.28 O.C. Ho: p#0.28 H: p= 0.28 O D. Ho: p>0.28 H: ps0.28 OF. Ho: p<0.28 H3: p= 0.28 E. Ho: p=0.28 Ha: p<0.28 What is the rejection region? Select the correct choice below and fill in the answer box(es) to complete your choice. (Round to three decimal places as needed.) O A. z< -1.645 O B. z> O C. z< or z> Calculate the value of the z-statistic for this test. (Round to two decimal places as needed.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 10CYU
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A business journal investigation of the performance and timing of corporate acquisitions discovered that in a random sample of 2,893 firms, 759 announced one or more acquisitions during the
year 2000. Does the sample provide sufficient evidence to indicate that the true percentage of all firms that announced one or more acquisitions during the year 2000 is less than 28%? Use
a = 0.05 to make your decision.
H3: p+0.28
H: p>0.28
O D. Ho: p>0.28
O.C. Ho: p#0.28
H3: p= 0.28
H: ps0.28
OF. Ho: p<0.28
H3: p= 0.28
E. Ho: p=0.28
Ha: p<0.28
What is the rejection region? Select the correct choice below and fill in the answer box(es) to complete your choice.
(Round to three decimal places as needed.)
CA. z< - 1.645
OB.
z>
O C. z<
or z>
Calculate the value of the z-statistic for this test.
(Round to two decimal places as needed.)
Transcribed Image Text:A business journal investigation of the performance and timing of corporate acquisitions discovered that in a random sample of 2,893 firms, 759 announced one or more acquisitions during the year 2000. Does the sample provide sufficient evidence to indicate that the true percentage of all firms that announced one or more acquisitions during the year 2000 is less than 28%? Use a = 0.05 to make your decision. H3: p+0.28 H: p>0.28 O D. Ho: p>0.28 O.C. Ho: p#0.28 H3: p= 0.28 H: ps0.28 OF. Ho: p<0.28 H3: p= 0.28 E. Ho: p=0.28 Ha: p<0.28 What is the rejection region? Select the correct choice below and fill in the answer box(es) to complete your choice. (Round to three decimal places as needed.) CA. z< - 1.645 OB. z> O C. z< or z> Calculate the value of the z-statistic for this test. (Round to two decimal places as needed.)
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