The Next Questions Are Based on the Following Information

question 16

Essay

The Next Questions Are Based On The Following Information:
In a random sample of 200 high school students,92 sample members indicated some measure of agreement with this statement:"A prospective university's academic ranking and image is important to my decision to attend that institution."
-The Discovery Automobile Company is attempting to determine if it should retain a previously popular sports car model called El Nino.A random sample of 500 consumers is obtained,and each person in the sample is asked if he/she would still consider purchasing an El Nino.To determine if El Nino should be retained,the sample proportion of respondents who said yes,
,is used at a level α = 0.05 to test the hypothesis H₀ : P ≥ 0.5 against H₁ : P < 0.5.What value of the sample proportion,
,is required to reject the null hypothesis?

---

Definitions:

Self-disclosure

The act of revealing personal information about oneself to others.

Feedback

Information provided regarding aspects of one’s performance or behavior, intended to reinforce strengths or address areas for improvement.

Show Cares

Demonstrating concern and empathy towards others, often through actions or expressions of support.

Committed

Exhibiting dedication and loyalty to a cause, activity, or relationship, often demonstrated through consistent action and perseverance.