in a random sampleof 2000 families in a city, it was found that 700 have a palsma tv set test the hypothesis that propotion of all families having a palsma tv set is greater than 0.3 using the p value apporach at a1% level of significance
Null Hypothesis:
It means a proportion of all families having a plasma tv set is 0.3
Alternate Hypothesis:
It means a proportion of all families having a plasma tv set is greater than 0.3
Significance level
Sample size n = 2000
Sample proportion
Test statistics:
P-value = 0
we can find it using excel function: =1- NORM.S.DIST(4.88,TRUE) = 0
Since the P-value < result is significant which means we reject the null Hypothesis.
Conclusion: There is enough evidence to conclude that the propotion of all families having a palsma tv set is greater than 0.3
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