A sample of 100 mortgages approved during the current year showed that 31 were issued to a single-earner family or individual. The historical percentage is 25 percent. At the 05 level of significance in a right-tailed test, has the percentage of single-earner or individual mortgages risen? (a-1) Ho: TTS.25 versus H;: T> .25. Choose the right option. a. Reject H, if zcalc>1.645 b. Reject H, if zcalc < 1.645 (a-2) Calculate the test statistic. (Round your answer to 4 decimal places.) Test statistic 1.386 (a-3) The null hypothesis should be rejected. True Calu

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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Author:Carter
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Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
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A sample of 100 mortgages approved during the current year showed that 31 were issued to a single-earner family or individual. The
historical percentage is 25 percent.
At the .05 level of significance in a right-tailed test, has the percentage of single-earner or individual mortgages risen?
(a-1) Hg: ITS.25 versus H: T> 25. Choose the right option.
a. Reject H, if Zcalc > 1.645
b. Reject Hg if zcalc <1.645
(a-2) Calculate the test statistic. (Round your answer to 4 decimal places.)
Test statistic
| 1.386 O
(a-3) The null hypothesis should be rejected.
O True
Transcribed Image Text:A sample of 100 mortgages approved during the current year showed that 31 were issued to a single-earner family or individual. The historical percentage is 25 percent. At the .05 level of significance in a right-tailed test, has the percentage of single-earner or individual mortgages risen? (a-1) Hg: ITS.25 versus H: T> 25. Choose the right option. a. Reject H, if Zcalc > 1.645 b. Reject Hg if zcalc <1.645 (a-2) Calculate the test statistic. (Round your answer to 4 decimal places.) Test statistic | 1.386 O (a-3) The null hypothesis should be rejected. O True
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