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Mathematics, 23.07.2019 04:30 gagem1278

The owner of prices limited claims that 75% of all the items in the store cost less than $5. suppose that you check a random sample of 146 items in the store and find that 105 cost less than $5. does this indicate that the proportion of items in the store that cost less than $5 is different from 75%. use a 5% level of significance (α = 0.05). based on the calculated p-value will you reject or fail to reject the null hypothesis? select one: a. reject the null hypothesis / data is significant b. fail to reject the null hypothesis c. cannot be determined

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The owner of prices limited claims that 75% of all the items in the store cost less than $5. suppose...
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