Suppose that you are testing the hypotheses Upper H 0 ​: pequals 0.43 vs. Upper H Subscript Upper A ​: pgreater than 0.43. A sample of size 150 results in a sample proportion of 0.48 . ​a) Construct a 99 ​% confidence interval for p. ​b) Based on the confidence​ interval, can you reject Upper H 0 at alpha equals0.005 ​? Explain. ​c) What is the difference between the standard error and standard deviation of the sample​ proportion? ​d) Which is used in computing the confidence​ interval?

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Answer:

Following are the answer to the given points.

Step-by-step explanation:

In point a:

The confidence interval for p is 95%

using formula:

[tex]= \hat P - Z\times \sqrt{\frac{\hat P(1- \hat P)}{n}} < p < \hat P +Z \times \sqrt{\frac{\hat P(1- \hat P)}{n}}[/tex]

[tex]= 0.28 - 1.96 \times \sqrt {\frac{(0.28 \times 0.72)}{350} } < p < 0.28 + 1.96 \times \sqrt{(\frac{0.28 \times 0.72)} { 350}}\\\\= 0.233 < p < 0.327[/tex]

In point b:

Because 0.22 is not within the trust interval, they have enough proof of H0 at level 0.05.  

In point c:

For the percentage for samples,

[tex]\text{Standard error} = \sqrt { \frac{P (1 - p)}{n} }[/tex] from ratio p  

[tex]\text{Standard deviation} = \sqrt{ \frac{\hat{p}( 1 - \hat{p})}{n} }[/tex]  from sample ratio [tex]\hat{p}[/tex]

In point d:

Standard deviation is used to measure the interval of confidence

[tex]\text{Standard deviation} = \sqrt{ \frac{\hat{p}( 1 - \hat{p})}{n} }[/tex]

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