Solved

Test at the 0 π\pi = 055 and the Alternate Is

Question 128

Multiple Choice

Test at the 0.01 level the statement that 55% of those families who plan to purchase a vacation residence in Florida want a condominium.The null hypothesis is π\pi = 0.55 and the alternate is Test at the 0.01 level the statement that 55% of those families who plan to purchase a vacation residence in Florida want a condominium.The null hypothesis is \pi = 0.55 and the alternate is .A random sample of 400 families who planned to buy a vacation residence revealed that 228 families want a condominium.What decision should be made regarding the null hypothesis? A) Do not reject it B) Reject it C) Cannot accept nor reject it based on the information given D) None of these .A random sample of 400 families who planned to buy a vacation residence revealed that 228 families want a condominium.What decision should be made regarding the null hypothesis?


A) Do not reject it
B) Reject it
C) Cannot accept nor reject it based on the information given
D) None of these

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q30: The researcher must decide on the level

Q38: How is the significance level related to

Q73: When planning an experiment, how is a

Q81: For a one-tailed hypothesis test, the

Q106: If the null hypothesis is true and

Q123: If we reject the null hypothesis

Q127: If the null hypothesis is false and

Q129: A manufacturer wants to increase the shelf

Q129: The mean weight of newborn infants

Q132: The mean weight of newborn infants at