In: Statistics and Probability
In order to conduct a hypothesis test for the population proportion, you sample 480 observations that result in 264 successes.
H0: p = 0.60; HA: p ≠ 0.60.
b-1. Calculate the value of the test statistic. (Negative value should be indicated by a minus sign. Round intermediate calculations to at least 4 decimal places and final answer to 2 decimal places.)
b-2. Find the p-value. p-value 0.10 p-value < 0.01 0.01 p-value < 0.025 0.025 p-value < 0.05 0.05 p-value < 0.10
b-3. At the 0.05 significance level, What is the conclusion? Do not reject H0 since the p-value is smaller than significance level. Do not reject H0 since the p-value is greater than significance level. Reject H0 since the p-value is smaller than significance level. Reject H0 since the p-value is greater than significance level.
b-4. Interpret the results at α = 0.05.
We cannot conclude that the population mean differs from 0.6. We conclude that the population mean differs from 0.6. We cannot conclude the population proportion differs from 0.6. We conclude that the population proportion differs from 0.6.