Multiple Choice
The National Association of Realtors would like to test the hypothesis that 26% of home buyers in the state of Florida are foreigners. A random sample of 110 home buyers was selected and the number of foreigners was counted. Assume that the true proportion of home buyers that are foreigners is 0.216. Using α = 0.10, beta equals ______.
A) 0.7222
B) 0.2273
C) 0.8615
D) 0.5012
Correct Answer:

Verified
Correct Answer:
Verified
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