Understanding Basic Statistics 6th Edition by Charles Henry Brase,Corrinne Pellillo Brase

Exercise 30

Provide the following information
(a) What is the level of significance State the null and alternate hypotheses.
(b) Check Requirements What sampling distribution will you use Do you think the sample size is sufficiently large Explain. Compute the value of the sample test statistic.
(c) Find the P -value of the test statistic. Sketch the sampling distribution and show the area corresponding to P -value.
(d) Based on your answer in part (a) to (c), will you reject or fail to reject the null hypothesis Are the data statistically significant at level
(e) Interpret your conclusion in the context of the application.
Consumers: Product Loyalty USA Today reported that about 47% of the general consumer population in the United States is loyal to the automobile manufacturer of their choice. Suppose Chevrolet did a study of a random sample of 1006 Chevrolet owners and found that 490 said they would buy an other Chevrolet. Does this indicate that the population proportion of consumers loyal to Chevrolet is more than 47% Use = 0.01.