Question

In 1995 the proportion of people who bought cable was 93%. Since the introduction of streaming services, you have reason to believe that that percentage has changed. A sample of 1000 people in 2017 sa...

In 1995 the proportion of people who bought cable was 93%. Since the introduction of streaming services, you have reason to believe that that percentage has changed. A sample of 1000 people in 2017 saw that the percentage of those people who bought cable was down to 63%. Perform the hypothesis test at the 5% significance level.

1. Conduct the test using the rejection region approach or the p-value approach with a significance level of 0.02.

2. Give the 95% confidence interval for the proportion of people who bought cable in 2017, with its interpretation. (I know null hypothesis = .63 and alternative is not = .63)

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer Given -tht: t Cable and 98% . ct fhe percentage A Sample Oly looo people in) 201チG20-thナthe pepie uho boht Clen loto 620-ol -Q.3263 -Ke ted-.gtdrctic v.eLie is gredu doy not lie bet seoり PCI-p) (件2005 | = 0.63(1-0-63) LDOO 20025 | Co-63 ) (0.6

Add a comment
Know the answer?
Add Answer to:
In 1995 the proportion of people who bought cable was 93%. Since the introduction of streaming services, you have reason to believe that that percentage has changed. A sample of 1000 people in 2017 sa...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT