A publisher reports that 48% of their readers own a personal computer. A marketing executive wants to test the claim that the percentage is actually under the reported percentage. A random sample of 400 found that 45% of the readers owned a personal computer. Is there sufficient evidence at the 0.05 level to support the executive's claim?
Step 1 of 7: State the null and alternative hypotheses.
Step 2 of 7: Find the value of the test statistic. Round your answer to two decimal places.
Step 3 of 7: Find the p-value.
Step 4 of 7: What is the level of significance
Step 5 of 7: Is this one-tailed or two-tailed
Step 6 of 7: Make a decision to reject or fail to reject
Step 7 of 7: Is there enough evidence at the 0.05 level to support the officer's claim
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Solution:
Given:
Given:
Sample size = n = 400
Sample proportion = = 0.45
1)Null and alternative hypothesis:
2)Test statistic:
Test statistic z = -1.20
3)Using the P-value approach:
P(Z<0-1.201) = 0.1149 …Using excel function, =NORMSDIST(-1.20)
The p-value is p = 0.1149
4)And α = 0.05
5)This corresponding to a one-tailed test, for which a z-test for one population proportion needs to be used.
6)Decision: Since p = 0.1149 >0.05, it is concluded that the Null Hypothesis is not rejected.
7)Conclusion: Therefore, there is not enough evidence to support the claim that percentage is actually under the reported percentage.
Done
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