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USA Today reported that about 47% of the general population in the United States is loyal to the automobile study of a random sample of 1002 Chevrolet owners and found that 489 said they would buy another Chevrolet. Does this indicate that the population proportion of consumers loyal to Chevrolet is more than 47%? Use α = 0.01 (a) What is the level of significance? OHo: p-0.47; H,: p 0.47 O Ho: p-0.47; H,: p> 0.47 O Ho: p > 0.47; Hi: p . 0.47 (b) What sampling distribution will you use? O The standard normal, since np and nq 5. O The standard normal, since np > 5 and nq>5 O The Students t, since np > 5 and nq>5 O The Students t, since np < 5 and no<S What is the value of the sample test statistic? (Round your answer to two decimal places.) c) Find the P-value of the test statistic. (Round your answer to four decimal places.) Sketch the sampling odi tion and show the area g to the O Type here to search
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