holiday gift response of interest yes sample size 200 count for response 94 sample proportion 0.4700   confidence interval confidence coefficient 0.90 lower limit  upper limit hypothesis test hypothesized value 0.57 test stastics  p-value  lower tail p-value upper tail p-value two-tail 0.0043       last year 57% of business owners gave a holiday gift to ther employees. it is believed that this percentage had dropped to see if this is true business week recently sampled 200 business owners and recorded in excel each owner yes/no answer to the uestion  do you plan to give a holiday gift to your employees? based on these results  can results can business week declare that the proportion of bussiness owners who plan on giving a holiday gift  to their employees is now than .57 at a=.01 ? find  the test statistics  (four decimals)

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter4: Writing Linear Equations
Section4.5: Analyzing Lines Of Fit
Problem 25E
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holiday gift

response of interest yes

sample size 200

count for response 94

sample proportion 0.4700

 

confidence interval

confidence coefficient 0.90

lower limit 

upper limit

hypothesis test

hypothesized value 0.57

test stastics 

p-value  lower tail

p-value upper tail

p-value two-tail 0.0043

 

 

 

last year 57% of business owners gave a holiday gift to ther employees. it is believed that this percentage had dropped to see if this is true business week recently sampled 200 business owners and recorded in excel each owner yes/no answer to the uestion  do you plan to give a holiday gift to your employees? based on these results  can results can business week declare that the proportion of bussiness owners who plan on giving a holiday gift  to their employees is now than .57 at a=.01 ? find  the test statistics  (four decimals)

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