In a survey of 155 senior executives, 45.8% said that the most common job interview mistake is to have little or no knowledge of the company. Use a 0.01
significance level to test the claim that in the population of all senior executives, 45% say that the most common job interview mistake is to have little or no knowledge of the company. Identify the null hypothesis, alternative hypothesis, test statistic, P-value, conclusion about the null hypothesis, and final conclusion that addresses the original claim. Use the P-value method. Use the normal distribution as an approximation of the binomial distribution.
b. What is the test statistic?
Z=
(Round to two decimal places as needed.)
c. What is the P-value?
P-value=
(Round to three decimal places as needed.)
d. What is the conclusion?
There is sufficient evidence to support the claim that more than 15% of households use e-mail.
There is not sufficient evidence to support the claim that more than 15% of households use e-mail.
e. Is the conclusion valid today? Why or why not?
a.Yes, the conclusion is valid today because the requirements to perform the test are satisfied.
b.No, the conclusion is not valid today because the population characteristics of the use of e-mail are changing rapidly.
c.You can make no decisions about the validity of the conclusion today.
d. Since P-value>0.01 so we fail to reject null hypothesis and
there is sufficient evidence to support the claim that in the population of all senior executives, 45% say that the most common job interview mistake is to have little or no knowledge of the company.
e. Yes, the conclusion is valid today because the requirements to perform the test are satisfied.
(np=155*0.45=69.75>10, n(1-p)=155*(1-0.45)=85.25>10)
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