onsulung grou findings was that 33% of organizations have a coherent business strategy that they stick to and effectively communicate. Suppose another study is conducted to check the validity of this result, with the goal of proving that the percentage is less than 33%. Complete parts (a) and (b) below. a. State the null and research hypotheses. Identify the null and alternative hypotheses. O A. Ho: z20.33; H,: z<0.33 O B. Ho: zS0.33; H;: x> 0.33 OC. Ho: x+0.33; H: =0.33 O D. Ho: z=0.33; H;: z+0.33 b. A sample of 100 organizations is selected, and results indicate that 32 organizations have a coherent business strategy that they stick to and effectively communicate. Use the p-value approach to determine at the 0.01 level of significance whether there is evidence that the percentage is less than 33%. Calculate the test statistic. The test statistic, ZSTAT, is O. (Type an integer or a decimal. Round to two decimal places as needed.) Calculate the p-value. The p-value is (Type an integer or a decimal. Round to three decimal places as needed.) State the conclusion of the test. the null hypothesis. There is V evidence to conclude that the percentage of organizations which have a coherent business strategy that they stick to and effectively communicate is less than 33%.

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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A consulting group recently conducted a global survey of product teams with the goal of better understanding the dynamics of product team performance and uncovering the practices that make these teams successful. One of the survey
findings was that 33% of organizations have a coherent business strategy that they stick to and effectively communicate. Suppose another study is conducted to check the validity of this result, with the goal of proving that the percentage is
less than 33%. Complete parts (a) and (b) below.
.....
a. State the null and research hypotheses.
Identify the null and alternative hypotheses.
О А. Но: п20.33; Н,: п<0.33
B. H: T< 0.33; H: π> 0.33
С. Но п#0.33;B Н,: п%3D0.33
Ο D. Ho: π = 0.33; ,: π# 0.33
b. A sample of 100 organizations is selected, and results indicate that 32 organizations have a coherent business strategy that they stick to and effectively communicate. Use the p-value approach to determine at the 0.01 level of significance
whether there is evidence that the percentage is less than 33%.
Calculate the test statistic.
The test statistic, ZSTAT, is.
(Type an integer or a decimal. Round to two decimal places as needed.)
Calculate the p-value.
The p-value is
(Type an integer or a decimal. Round to three decimal places as needed.)
State the conclusion of the test.
the null hypothesis. There is
evidence to conclude that the percentage of organizations which have a coherent business strategy that they stick to and effectively communicate is less than 33%.
Transcribed Image Text:A consulting group recently conducted a global survey of product teams with the goal of better understanding the dynamics of product team performance and uncovering the practices that make these teams successful. One of the survey findings was that 33% of organizations have a coherent business strategy that they stick to and effectively communicate. Suppose another study is conducted to check the validity of this result, with the goal of proving that the percentage is less than 33%. Complete parts (a) and (b) below. ..... a. State the null and research hypotheses. Identify the null and alternative hypotheses. О А. Но: п20.33; Н,: п<0.33 B. H: T< 0.33; H: π> 0.33 С. Но п#0.33;B Н,: п%3D0.33 Ο D. Ho: π = 0.33; ,: π# 0.33 b. A sample of 100 organizations is selected, and results indicate that 32 organizations have a coherent business strategy that they stick to and effectively communicate. Use the p-value approach to determine at the 0.01 level of significance whether there is evidence that the percentage is less than 33%. Calculate the test statistic. The test statistic, ZSTAT, is. (Type an integer or a decimal. Round to two decimal places as needed.) Calculate the p-value. The p-value is (Type an integer or a decimal. Round to three decimal places as needed.) State the conclusion of the test. the null hypothesis. There is evidence to conclude that the percentage of organizations which have a coherent business strategy that they stick to and effectively communicate is less than 33%.
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