In: Statistics and Probability
A 2010 survey by a reputable automotive website found that 62% of vehicle owners avoided automotive maintenance and repairs. Suppose a company would like to perform a hypothesis test to challenge this finding. From a random sample of 150 vehicle owners, it was found that 103 avoid maintenance repairs. Using alpha equals 0.05, complete a-c below,
a.) What is the critical value(s)?
b.) What is the test statistic?
c.) What is the p-value?