F25 In 201347% indicated that 31 of business owners gave a holiday gift to their employees. A 2014 survey of 33 business owners % plan to provide a holiday gift to their employees. Is there reason to believe the proportion , of business owners providing gifts has decreased at a-0.005? (See exercise 40 on page 418 of your textbook for a similar problem.) For the hypothesis stated above... Question 1What is/are the critical value(s)? Question 2 What is the test statistic? Question 3 What is the conclusion?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.1: Measures Of Center
Problem 9PPS
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F25
In 201347%
indicated that 31
of business owners gave a holiday gift to their employees. A 2014 survey of 33 business owners
% plan to provide a holiday gift to their employees. Is there reason to believe the proportion
,
of business owners providing gifts has decreased at a-0.005? (See exercise 40 on page 418 of your textbook
for a similar problem.)
For the hypothesis stated above...
Question 1What is/are the critical value(s)?
Question 2
What is the test statistic?
Question 3
What is the conclusion?
Transcribed Image Text:F25 In 201347% indicated that 31 of business owners gave a holiday gift to their employees. A 2014 survey of 33 business owners % plan to provide a holiday gift to their employees. Is there reason to believe the proportion , of business owners providing gifts has decreased at a-0.005? (See exercise 40 on page 418 of your textbook for a similar problem.) For the hypothesis stated above... Question 1What is/are the critical value(s)? Question 2 What is the test statistic? Question 3 What is the conclusion?
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