2 Parts A B and C please due midnight 2 2 Award 1000 points
#2
Parts A B and C please due @ midnight!
Solution
Formulating the null and alternatuve hypotheses,
Ho: p <= 0.5
Ha: p > 0.5
As we see, the hypothesized po = 0.5
As it is given,
po = 0.5
Getting the standard error of po, spo,
spo = sqrt[po (1 - po) / n] = 0.098058068
Getting the t statistic,
p^ = 0.77
t = (p^ - po)/spo = 2.75 [answer, test statistic]
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As this is a 1 tailed test, then, getting the critical value, as
df = n - 1 = 25
significance level = 0.01
then
tcrit = 2.49 [answer]
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Comparing t > tcrit, we REJECT the null hypothesis. [OPTION D]
