In: Statistics and Probability
In 2013, the Gallup Poll asked 1015 American adults whether they believed that people should pay sales tax on items purchased over the internet. Of these, 437 said they supported such a tax. Does the survey provide enough evidence that less than 45% of American adults favor an internet sales tax? Use α = 0.05 level of significance?
b) Step 2: Find the test statistic.
c) Step 3: P-value OR Critical value(s): Label answer as “P-value” or “CV” and draw a detailed curve.
d) Step 4: Decision
e) Step 5: Conclusion
f) What does the level of significance α = 0.05 means in hypothesis testing?