4. It has been accepted that 40% or less of households changed their driving habits because of escalating gas prices. However, a popular energy company challenges that less than 40% of households have changed their driving habits because of escalating gas prices. Their recent survey of 180 households finds that 70 households have made lifestyle changes due to escalating gas prices. (hint: first calculate the sample proportion) At a 10% level of significance, test the energy company's challenge. Ho: Ha: p < 0.40 _crit = __stat = Decision: α = pvalue= tail
4. It has been accepted that 40% or less of households changed their driving habits because of escalating gas prices. However, a popular energy company challenges that less than 40% of households have changed their driving habits because of escalating gas prices. Their recent survey of 180 households finds that 70 households have made lifestyle changes due to escalating gas prices. (hint: first calculate the sample proportion) At a 10% level of significance, test the energy company's challenge. Ho: Ha: p < 0.40 _crit = __stat = Decision: α = pvalue= tail
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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