BuyFind

Statistics for Business & Economic...

12th Edition
David R. Anderson + 4 others
Publisher: South-Western College Pub
ISBN: 9781285846323
BuyFind

Statistics for Business & Economic...

12th Edition
David R. Anderson + 4 others
Publisher: South-Western College Pub
ISBN: 9781285846323

Solutions

Chapter 9.5, Problem 40E

a.

To determine

Find the number of business owners in the survey plan to provide a holiday gift to their employees in 2009.

b.

To determine

Find the p-value for the hypothesis test that can be used to determine if the proportion of business owners providing holiday gifts have decreased from the 2008 level.

c.

To determine

Check whether the proportion of business owners providing gifts decreased at 5% level of significance and find the smallest level of significance for which to draw the conclusion.

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