An executive believes that no more than 80% of the company’s employees take all of their vacation days. In a sample of 200 members, 150 employees took all of their vacation days. Therefore, the test statistic is -1.77. When testing the executive's (using a 1% level of significance), what is the p-value? *please round your answer to 4 decimal places*

An executive believes that no more than 80% of the company’s employees take all of their vacation days. In a sample of 200 members, 150 employees took all of their vacation days. Therefore, the test statistic is -1.77. When testing the executive's (using a 1% level of significance), what is the p-value? please round your answer to 4 decimal places

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter11: Data Analysis And Probability

Section11.4: Collecting Data

Problem 3E

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100%

3) An executive believes that no more than 80% of the company’s employees take all of their vacation days. In a sample of 200 members, 150 employees took all of their vacation days. Therefore, the test statistic is -1.77. When testing the executive's (using a 1% level of significance), what is the p-value?

*please round your answer to 4 decimal places*

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