Additional Information and Full Hypothesis Test Examples · Exercise 48
Instructions: For the following ten exercises,
Hypothesis testing: For the following ten exercises, answer each question.
A recent survey in the N.Y. Times Almanac indicated that 48.8% of families own stock. A broker wanted to determine if this survey could be valid. They surveyed a random sample of 250 families and found that 142 owned some type of stock. At the 0.05 significance level, can the survey be considered to be accurate?
OpenStax, Introductory Statistics 2e · §9.5 Additional Information and Full Hypothesis Test Examples · Exercise 48
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