Question 5: The owner of a small pet supply store wants to open a second store in another city, but he only wants to do so if more than one-third of the city's households have pets (otherwise there won't be enough business). He samples 150 of the households and finds that 64 have pets. Use technology to determine if this sample provides evidence that more than one-third of households in this city own pets. Use a 5% significance level. a. State the parameters and hypotheses. 2023 b. Find the observed sample statistic. c. Using Statkey or another tool find the p-value. of size 45 withamean of be used to conss dence interval for

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 10CYU
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Question 5:
The owner of a small pet supply store wants to open a second store in another city, but he only
wants to do so if more than one-third of the city's households have pets (otherwise there won't be
enough business). He samples 150 of the households and finds that 64 have pets.
Use technology to determine if this sample provides evidence that more than one-third of
households in this city own pets. Use a 5% significance level.
a. State the parameters and hypotheses.
19.24 20 23
b. Find the observed sample statistic.
c. Using Statkey or another tool find the p-value.
used to censtrct a condence interval for
mples y created. Where willte bootstrap
45 with
otstrap dist
ion.k
a. Are the results statistically significant? Why or why not?
chs stations had an
d. Make a generic decision and make a conclusion in context.
Transcribed Image Text:Question 5: The owner of a small pet supply store wants to open a second store in another city, but he only wants to do so if more than one-third of the city's households have pets (otherwise there won't be enough business). He samples 150 of the households and finds that 64 have pets. Use technology to determine if this sample provides evidence that more than one-third of households in this city own pets. Use a 5% significance level. a. State the parameters and hypotheses. 19.24 20 23 b. Find the observed sample statistic. c. Using Statkey or another tool find the p-value. used to censtrct a condence interval for mples y created. Where willte bootstrap 45 with otstrap dist ion.k a. Are the results statistically significant? Why or why not? chs stations had an d. Make a generic decision and make a conclusion in context.
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