A truck rental company charges a weekend rate of $50.75 plus $8.25 for each hour a truck is rented.You have at most $125.00 to s
1 answer:
You might be interested in
Answer:
a) Null hypothesis:
Alternative hypothesis:
b) (1)
Replacing we got:
The p value for this case would be given by:
c) For this case we see that the p value is higher than the significance level of 0.05 so then we have enough evidence to FAIL to reject the null hypothesis and we can't conclude that the true proportion workers belonged to unions is significantly higher than 11.3%
Step-by-step explanation:
Information given
n=400 represent the random sample taken
X=52 represent the workers belonged to unions
estimated proportion of workers belonged to unions
is the value that we want to test
represent the significance level
Confidence=95% or 0.95
z would represent the statistic
represent the p value
Part a
We want to test if the true proportion of interest is higher than 0.113 so then the system of hypothesis are.:
Null hypothesis:
Alternative hypothesis:
Part b
The statistic is given by:
(1)
Replacing we got:
The p value for this case would be given by:
Part c
For this case we see that the p value is higher than the significance level of 0.05 so then we have enough evidence to FAIL to reject the null hypothesis and we can't conclude that the true proportion workers belonged to unions is significantly higher than 11.3%