The local Hannaford was tracking the proportion of customers who bought flour in their stores. In mid-March they found that 65% of customers were buying flour when it was available. They want to know if that percentage has decreased now that flour is more readily available. Their hypotheses are: Ho: ρ ≥ .65 and Ha: ρ < .65. They sample 200 customers and found that 120 of them bought flour. What is the computed test statistic? Calculate the z or t, whichever is appropriate, and give the result rounded to 2 decimal places. If it's a negative number, put the negative sign before the number with no spaces between it and the number.
The local Hannaford was tracking the proportion of customers who bought flour in their stores. In mid-March they found that 65% of customers were buying flour when it was available. They want to know if that percentage has decreased now that flour is more readily available. Their hypotheses are: Ho: ρ ≥ .65 and Ha: ρ < .65. They sample 200 customers and found that 120 of them bought flour. What is the computed test statistic? Calculate the z or t, whichever is appropriate, and give the result rounded to 2 decimal places. If it's a negative number, put the negative sign before the number with no spaces between it and the number.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
Related questions
Question
The local Hannaford was tracking the proportion of customers who bought flour in their stores. In mid-March they found that 65% of customers were buying flour when it was available. They want to know if that percentage has decreased now that flour is more readily available. Their hypotheses are: Ho: ρ ≥ .65 and Ha: ρ < .65. They sample 200 customers and found that 120 of them bought flour.
What is the computed test statistic? Calculate the z or t, whichever is appropriate, and give the result rounded to 2 decimal places. If it's a negative number, put the negative sign before the number with no spaces between it and the number.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill