A Hypothesis Test Is to Be Performed $2 \%$ Claimed by the Company

question 69

Multiple Choice

A hypothesis test is to be performed. State the null and alternative hypotheses.
-A consumer group believes that the proportion of defects among computers produced by one manufacturer is greater than the $2 \%$ claimed by the company.

• A) Null hypothesis: proportion of defectives \(= 2 \%\)
• Alternative hypothesis: proportion of defectives \(> 2 \%\)
• B) Null hypothesis: proportion of defectives \(= 2 \%\)
• Alternative hypothesis: proportion of defectives \(\geq 2 \%\)
• C) Null hypothesis: proportion of defectives \(> 2 \%\)
• Alternative hypothesis: proportion of defectives \(= 2 \%\)
• D) Null hypothesis: proportion of defectives \(< 2 \%\)
• Alternative hypothesis: proportion of defectives \(> 2 \%\)

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Definitions:

Obtained Value

The actual value or result achieved from a statistical test or experiment.

Amortized

The process of paying off a debt through regular payments that cover both principal and interest.

Principal Balance

The outstanding amount of a loan or mortgage that remains to be paid, not including interest.

Personal Loan

A type of unsecured loan provided by financial institutions based on the borrower’s creditworthiness without collateral.