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The owner of a store is thinking of discontinuing

Question # 00440120
Subject: General Questions
Due on: 12/10/2016
Posted On: 12/09/2016 11:40 PM

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The owner of a store is thinking of discontinuing her ads in the Cincinnati Enquirer. She does not believe that many people are seeing the advertisements and that her advertising dollars will be better spent elsewhere. She has decided that she will discontinue the ads if fewer than 30% of her patrons indicate that they have seen them in the past month. She did a survey of 200 patrons and found that 50 of them said that they had seen the ads in the past month. Assuming that she wants to be 99% correct before making the change (alpha = .01), Answer the following questions.

a. What is your hypothesis:

1) H0: p <= 0.30, Ha: p > 0.30

2) H0: p >= 0.30, Ha: p < 0.30

3) H0: p = 0.30, Ha: p <> 0.30

Answer 1, 2, or 3)

b. What is the critical value of your hypothesis test? (round to 2 digits)

c. What is the p-value? (round to 3 digits)

d. What is the test statistic? (round to 2 digits)

e. What is your conclusion? 1) Reject H0 or 2) Do Not Reject H0

(Answer 1 or 2)

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