A sample of 100 mortgages approved during the current year showed that 31 were issued to a single-earner family or individual. The historical percentage is 25 percent. At the .05 level of significance in a right-tailed test, has the percentage of single-earner or individual mortgages risen? (a-1) H0: π ≤ .25 versus H1: π > .25. Choose the right option.  Reject H0 if zcalc > 1.645 Reject H0 if zcalc < 1.645  a b (a-2) Calculate the test statistic. (Round your answer to 4 decimal places.)Test statistic

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
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ISBN:9780547587776
Author:HOLT MCDOUGAL
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Chapter11: Data Analysis And Probability
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A sample of 100 mortgages approved during the current year showed that 31 were issued to a single-earner family or individual. The historical percentage is 25 percent.
 
At the .05 level of significance in a right-tailed test, has the percentage of single-earner or individual mortgages risen?
 
(a-1) H0π ≤ .25 versus H1π > .25. Choose the right option.
 

  1. Reject H0 if zcalc > 1.645
  2. Reject H0 if zcalc < 1.645 
  • a
  • b



(a-2) Calculate the test statistic. (Round your answer to 4 decimal places.)

Test statistic            

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