Consider the Following Hypothesis Test

question 37

Essay

Consider the following hypothesis test:
H_o: P 0.8
H_a: P > 0.8
A sample of 400 provided a sample proportion of 0.853.
a.Determine the standard error of the proportion.
b.Compute the value of the test statistic.
c.Determine the p-value; and at 95% confidence, test the above hypotheses.

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Definitions:

Ventilators

Medical devices used to assist or control breathing by delivering air or a mixture of gases to the lungs.

Nonrival Consumption

A characteristic of certain goods where one person's consumption does not limit or diminish another's ability to consume the same good.

Public Good

Free goods or services are available to all individuals in a society, offered by the government or private entities, excluding profit motives.

Public Good

A public good is a commodity or service that is provided without profit to all members of a society, either by the government or a private individual or organization.