HypothesisTests Problem 10 It is claimed that the average Canadian family spends 22 percent of...
50.1K
Verified Solution
Link Copied!
Question
Statistics
HypothesisTests Problem 10 It is claimed that the average Canadian family spends 22 percent of their disposable income on food In a random sample of 960 families the mean proportion of disposable income spent on food was 21 percent Conduct the the hypothesis that P the proportion of disposable income spent on food is 22 percent against the alternative hypothesis that it is less than 22 percent Conduct a test using a 05 What is the value of the standard score 1 point standard score The final conclusion is A We can reject the null hypothesis that P 22 B There is not sufficient evidence to reject the null hypothesis that P 22
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
