I would definitely appreciate some help with these questions
I would definitely appreciate some help with these questions....thank you so much
Solution
Q1.
Set Up Hypothesis
Null, H0:P=0.46
Alternate, H1: P<0.46
Test Statistic
No. Of Success chances Observed (x)=100
Number of objects in a sample provided(n)=250
No. Of Success Rate ( P )= x/n = 0.4
Success Probability ( Po )=0.46
Failure Probability ( Qo) = 0.54
we use Test Statistic (Z) for Single Proportion = P-Po/Sqrt(PoQo/n)
Zo=0.4-0.46/(Sqrt(0.2484)/250)
Zo =-1.9035
| Zo | =1.9035
Critical Value
The Value of |Z | at LOS 0.05% is 1.64
We got |Zo| =1.903 & | Z | =1.64
Make Decision
Hence Value of | Zo | > | Z | and Here we Reject Ho
P-Value: Left Tail -Ha : ( P < -1.90347 ) = 0.02849
Hence Value of P0.05 > 0.02849,Here we Reject Ho
We have evidence to support proportion rate is lower now
