In: Statistics and Probability
Suppose X = 20, n = 50
a. Calculate the estimate for p, the true probability of success
b. Calculate and interpret a 90% Confidence interval for the true probability of success.
c. You would like to know if p is actually greater than 1/3, so you test the following null hypothesis:
H0: p ≤ 1/3 What is the alternative hypothesis? Conduct and interpret this test at the 0.05 significance level.