A tech company purchases memory cards from a supplier. The failure rate of these cards (measured in the proportion of cards that stop functioning within the first year of use) is p-0.026. A new supplier suggest that their cards have a lower failure rate. To test their claim, the company purchases 500 memory cards, and finds that ten fail within the first year. Use this data to perform the appropriate hypothesis test at a-0.01. Clearly show all five steps as in class, as well as all relevant calculations and assumptions (if any). Finally, state the P-value of this test.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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A tech company purchases memory cards from a supplier. The failure rate of these cards (measured in the
proportion of cards that stop functioning within the first year of use) is p-0.026.
A new supplier suggest that their cards have a lower failure rate. To test their claim, the company purchases
500 memory cards, and finds that ten fail within the first year.
Use this data to perform the appropriate hypothesis test at a-0.01. Clearly show all five steps as in elass, as
well as all relevant calculations and assumptions (if any). Finally, state the P-value of this test.
Transcribed Image Text:A tech company purchases memory cards from a supplier. The failure rate of these cards (measured in the proportion of cards that stop functioning within the first year of use) is p-0.026. A new supplier suggest that their cards have a lower failure rate. To test their claim, the company purchases 500 memory cards, and finds that ten fail within the first year. Use this data to perform the appropriate hypothesis test at a-0.01. Clearly show all five steps as in elass, as well as all relevant calculations and assumptions (if any). Finally, state the P-value of this test.
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