In: Statistics and Probability
A nonprofit organization sent mailing labels along with a request for donations to a random sample of 75,000 potential donors on their mailing list and received 5625 donations from the effort. In the past, the organization has had a contribution rate of 6%, but the director of the program hoped that the addition of the mailing labels would increase that rate. Perform a hypothesis test using α=0.05. Be sure to include the following:
State the null and alternative hypotheses in symbols and words. Assume conditions have been met.
Perform your hypothesis test "by hand" using the equation editor. Be sure to use the appropriate probability notation. Don't write your conclusion in this step.
Construct a 90% confidence interval, again showing calculations "by hand". Don't write your conclusion in this step.
State your FULL conclusion making sure to site whether we reject or fail to reject and what that means in context based on the p-value. Then support your conclusion with the results from your confidence interval. Then be sure to note whether the hypothesized value falls in our interval and what that means. (3 pts.)