In a recent year, a poll asked 2962 random adult citizens of a large country how they rated economic conditions. In the poll, 26 % rated the economy as Excellent/Good. A recent media outlet claimed that the percentage of citizens who felt the economy was in Excellent/Good shape was 27 %.
c) |
What is the significance level of the test in b? Explain. The significance level is alpha = ____ because the test is a one sided ? or two sided ? test and is based on a based on a 99 % confidence interval. , |
Given : Sample size=n=2962
Sample proportion=p=0.26
Population proportion=
Significance level=
Hypothesis : ( Claim) Vs
Since , the test is two tailed test.
The 99% confidence interval is ,
Here , the value of the population proportion is lies in the given confidence interval.
Therefore , fail to reject the null hypothesis.
Conclusion : Hence , there is sufficient evidence to support the claim that the percentage of citizens who felt the economy was in Excellent/Good shape was 27 %.
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