In 2013, 31% of business owners gave a holiday gift to their employees. A 2014 survey of 43 business owners indicated that 19% plan to provide a holiday gift to their employees. Is here reason to believe the proportion of business owners providing gifts has decreased at a=0.05? (See exercise 40 on page 420 of your textbook for a similar problem.) For the hypothesis stated above. Question 1 What is/are the critical value(s)? Question 2 What is the test statistic? Question 3 What is the conclusion?

In 2013, 31% of business owners gave a holiday gift to their employees. A 2014 survey of 43 business owners indicated that 19% plan to provide a holiday gift to their employees. Is here reason to believe the proportion of business owners providing gifts has decreased at a=0.05? (See exercise 40 on page 420 of your textbook for a similar problem.) For the hypothesis stated above. Question 1 What is/are the critical value(s)? Question 2 What is the test statistic? Question 3 What is the conclusion?

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Linear Algebra: A Modern Introduction

4th Edition

ISBN:9781285463247

Author:David Poole

Publisher:David Poole

Chapter7: Distance And Approximation

Section7.3: Least Squares Approximation

Problem 31EQ

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