In 2017, 32% of business owners gave a holiday gift to their employees. A 2018 survey of 33 business owners indicated that 19% plan to provide a holiday gift to their employees. Is there a reason to believe the proportion of business owners providing gifts has decreased at α=0.05? Based on the hypothesis, what is the critical value, the test statistic and the conclusion?
In 2017, 32% of business owners gave a holiday gift to their employees. A 2018 survey of 33 business owners indicated that 19% plan to provide a holiday gift to their employees. Is there a reason to believe the proportion of business owners providing gifts has decreased at α=0.05? Based on the hypothesis, what is the critical value, the test statistic and the conclusion?
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
Problem 8CR
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In 2017, 32% of business owners gave a holiday gift to their employees. A 2018 survey of 33 business owners indicated that 19% plan to provide a holiday gift to their employees. Is there a reason to believe the proportion of business owners providing gifts has decreased at α=0.05?
Based on the hypothesis, what is the critical value, the test statistic and the conclusion?
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