Computing z and state decision regarding null hypothesis

Assignment Help Basic Statistics
Reference no: EM1321161

An insurance industry report indicated that 40 percent of those persons involved in minor traffic accidents this year have been involved in at least one other traffic accident in the last five years. An advisory group decided to investigate this claim, believing it was too large. A sample of 200 traffic accidents this year showed 74 persons were also involved in another accident within the last five years. Use the .01 significance level.

a. Compute the value of z and state your decision regarding the null hypothesis.

b. Determine and interpret the p-value.

Reference no: EM1321161


Write a Review

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd