Can it be concluded that the percentage today is less than 76% if a=0.01?

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter47: Applications Of Formulas To Cutting Speed, Revolutions Per Minute, And Cutting Time
Section: Chapter Questions
Problem 31A
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An automobile owner found that 20 years ago, 76% of Americans said they would prefer to purchase an American automobile. He believes that the number is much less than 76% today. He selected a random sample of 56 Americans and found that 38 said that they would prefer an American automobile. Can it be concluded that the percentage today is less than 76% if a=0.01?
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A Maps
I Social Problems 8...
* Cal State Apply ...
CV = invNorm
Round to Two Decimal Places
CV =
f) What formula will we use for the test value?
(T1 – T2) – (µ1 – 42)
Ot =
n2
(ê1 – P2) – (p1 – p2)
Oz =
(는 + 금)
O z =
V n
Oz =
Vn
Ot=
Vn
g) Find the value of our test value?
Transcribed Image Text:YouTube A Maps I Social Problems 8... * Cal State Apply ... CV = invNorm Round to Two Decimal Places CV = f) What formula will we use for the test value? (T1 – T2) – (µ1 – 42) Ot = n2 (ê1 – P2) – (p1 – p2) Oz = (는 + 금) O z = V n Oz = Vn Ot= Vn g) Find the value of our test value?
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