Hauz of Gaz claims that more than two-thirds of the houses in a certain subdivision use their brand. Is there a reason to doubt this claim if 25 out of a random sample of 40 houses in the subdivision use the company's brand? Test the claim at 0.01 level of significance. What is the value of the test statistic? (a) 0.6053 (b) 0.6503 (c) -0.6053 (d) -0.6503 Based on the result on the comparison between critical and computed value, what can be concluded? (a) There is enough evidence to reject the claim that more than two-thirds of the houses in the subdivision use Hauz of Gaz brand (b) There is not enough evidence to reject the claim that more than two-thirds of the houses in the subdivision use Hauz of Gaz brand (c) Accept the null hypothesis (d) The given information is not enough to make any conclusion

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 58E: What is meant by the sample space of an experiment?
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Hauz of Gaz claims that more than two-thirds of the houses in a certain subdivision use their brand. Is there a reason to doubt this claim if 25 out of a random sample of 40 houses in the subdivision use the company's brand? Test the claim at 0.01 level of significance.

What is the value of the test statistic? (a) 0.6053 (b) 0.6503 (c) -0.6053 (d) -0.6503

Based on the result on the comparison between critical and computed value, what can be concluded? (a) There is enough evidence to reject the claim that more than two-thirds of the houses in the subdivision use Hauz of Gaz brand (b) There is not enough evidence to reject the claim that more than two-thirds of the houses in the subdivision use Hauz of Gaz brand (c) Accept the null hypothesis (d) The given information is not enough to make any conclusion 

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