The Next Questions Are Based on the Following Information

question 28

Essay

The Next Questions Are Based On The Following Information:
A beer producer claims that the proportion of its customers who cannot distinguish regular from light beer is at most 12 percent.The producer decides to test this null hypothesis against the alternative that the true proportion is more than 12 percent.The decision rule adopted is to reject the null hypothesis if the sample proportion of who cannot distinguish between the two beers exceeds 15 percent.
-If a random sample of 100 customers is chosen,what is the probability of a Type I error,using this decision rule?

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Entities that operate for purposes other than generating profit, focusing instead on social, educational, or charitable objectives.

Restricted Fund Method

An accounting practice where funds are designated for specific purposes and are restricted from general use.

Donation Revenue

Income received from donations, often pertaining to non-profit organizations.

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A particular and defined piece of work, usually with a set duration, objectives, and resources, meant to achieve a specific goal.