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Finding the value of the test statistic

The following hypotheses are given.

H0: p = .40
H1: p ≠ .40

A sample of 120 observations revealed that = .30. At the .05 significance level, can the null hypothesis be rejected?

a. State the decision rule.

b. Compute the value of the test statistic.

c. What is your decision regarding the null hypothesis?

Note: It is recommended that you use the five-step hypothesis procedure in solving the following problems.

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Solution Preview :

Prepared by a verified Expert

Basic Statistics: Finding the value of the test statistic

Reference No:- TGS0687273

Have a Question? (oR Write a Review)

Recent Questions Asked Basic Statistics

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Solution Preview :

Prepared by a verified Expert

Basic Statistics: Finding the value of the test statistic

Reference No:- TGS0687273

Recent Questions Asked Basic Statistics

Q : Excess profits tax

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Q : Description of the intended audience

Q : Finding the value of the test statistic

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