You interview a random sample of 50 adults. The results of the survey show that 50% of the adults said they were more likely to buy a product when there are free samples. At alphaαequals=0.01 can you reject the claim that at least 56% of the adults are more likely to buy a product when there are free samples?
A. Determine the critical value(s)
The critical value(s) is/are
Find the z-test statistic
What is the result of the test?
To Test :-
H0 :- P = 0.56
H1 :- P 0.56
n = 50
P = X / n = 25 / 50 = 0.5
Test Statistic :-
Z = -0.85
Test Criteria :-
Reject null hypothesis if
Critical value
= -0.85 < 2.326, hence we fail to reject the null
hypothesis
Conclusion :- We Fail to Reject H0
Decision based on P value
P value = P ( Z > -0.85 )
P value = 0.8023
Reject null hypothesis if P value <
Since P value = 0.8023 > 0.01, hence we fail to reject the null
hypothesis
Conclusion :- We Fail to Reject H0
There is insufficient evidence to support the claim
that that at least 56% of the adults are more likely to
buy a product when there are free samples.
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