An article in The Wall Street Journal implies that exactly half of all Americans would prefer being given $100 rather than a day off from work. This statement is based on a survey conducted by American Express Incentive Services, in which 563 of 1,040 respondents indicated that they would rather have $100. At the 0.01 level of significance, what is the p-value when testing to see whether or not there is evidence to refute the article's claim? Round p-bar to 4 decimal places! 0.0207 O 0.5000 0.0078 0.5413 0.0039

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 30PPS
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An article in The Wall Street Journal implies that exactly half of all Americans would prefer
being given $100 rather than a day off from work. This statement is based on a survey
conducted by American Express Incentive Services, in which 563 of 1,040 respondents indicated
that they would rather have $100. At the 0.01 level of significance, what is the p-value when
testing to see whether or not there is evidence to refute the article's claim? Round p-bar to 4
decimal places!
O
0.0207
0.5000
0.0078
0.5413
0.0039
Ç
MA
MacBook Pro
W
1
P
D
zoom
L
Transcribed Image Text:An article in The Wall Street Journal implies that exactly half of all Americans would prefer being given $100 rather than a day off from work. This statement is based on a survey conducted by American Express Incentive Services, in which 563 of 1,040 respondents indicated that they would rather have $100. At the 0.01 level of significance, what is the p-value when testing to see whether or not there is evidence to refute the article's claim? Round p-bar to 4 decimal places! O 0.0207 0.5000 0.0078 0.5413 0.0039 Ç MA MacBook Pro W 1 P D zoom L
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