A businessman is increasing his price for processed food, claiming that the cost of labor and material isgoing up and accounts for 75% of his budget. In a random sample of 10 of the processed food, it is foundout that in 6 of the processed food, the cost of the material is higher.What is the standard error of the proportion?Select one:
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A businessman is increasing his price for processed food, claiming that the cost of labor and material isgoing up and accounts for 75% of his budget. In a random sample of 10 of the processed food, it is foundout that in 6 of the processed food, the cost of the material is higher.At the 5% level of significance, test the contractor/engineer’s claim. Based on the test, what can youconclude?Select one:a. Reject the null hypothesisb. Accept the null hypothesis CorrectFeedbackThe correct answer is: Accept the null hypothesis
A Police Sub Station claims that 45% of crimes are related to cell phone snatching. In a random sampleof 150 accidents, it is found that 60 of the accidents are related to cell phone snatching.At the 10% level of significance, test the Police Sub Station claims. Based on the test, what can youconclude?Select one:
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