In: Statistics and Probability
Grandpa reminisced that the 1968 minimum wage, adjusted for inflation, was at most $10.86. His grandson respectfully disagreed with that estimate and wants to show Grandpa that the minimum wage was more than that. H0:p≤$10.86; Ha:p>$10.86. Identify the type of hypothesis test.
Solution :
This is the right tailed test .
The null and alternative hypothesis is
H0:p≤$10.86
Ha:p>$10.86.
alternative hypothesis is =Ha:p>$10.86.