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USA Today reported that about 47% of the general consumer population in the United States is loyal to the automobile manufacturer of their choice. Suppose Chevrolet did a study of a random sample of 1001 Chevrolet owners and found that 490 said they would buy another Chevrolet. Does this indicate that the population proportion of consumers loyal to Chevrolet is more than 47%? Use a = 0.01. LUSE SALT

USA Today reported that about 47% of the general consumer population in the United States is loyal to the automobile manufacturer of their choice. Suppose Chevrolet did a study of a random sample of 1001 Chevrolet owners and found that 490 said they would buy another Chevrolet. Does this indicate that the population proportion of consumers loyal to Chevrolet is more than 47%? Use a = 0.01. LUSE SALT

Calculus For The Life Sciences
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.2: Expected Value And Variance Of Continuous Random Variables
Problem 10E
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USA Today reported that about 47% of the general consumer population in the United States is loyal to the automobile manufacturer of their choice. Suppose Chevrolet did a study of a random sample of 1001 Chevrolet owners and found that 490 said they would buy another Chevrolet. Does this indicate that the population proportion of consumers loyal to Chevrolet is more than 47%? Use a = 0.01. LUSE SALT (a) What is the level of significance? State the null and alternate hypotheses. O Ho: P = 0.47; H₁: p > 0.47 O Ho: P=0.47; H₁₂: p = 0.47 O Ho: P >0.47; H₂: P = 0.47 O Ho: P = 0.47; H₂: P < 0.47 (b) What sampling distribution will you use? O The standard normal, since np > 5 and ng > 5. O The standard normal, since np <5 and nq < 5. O The Student's t, since np <5 and nq <5. O The Student's t, since np > 5 and nq > 5. What is the value of the sample test statistic? (Round your answer to two decimal places.) (c) Find the p-value of the test statistic. (Round your answer to four decimal places.) V
Transcribed Image Text:USA Today reported that about 47% of the general consumer population in the United States is loyal to the automobile manufacturer of their choice. Suppose Chevrolet did a study of a random sample of 1001 Chevrolet owners and found that 490 said they would buy another Chevrolet. Does this indicate that the population proportion of consumers loyal to Chevrolet is more than 47%? Use a = 0.01. LUSE SALT (a) What is the level of significance? State the null and alternate hypotheses. O Ho: P = 0.47; H₁: p > 0.47 O Ho: P=0.47; H₁₂: p = 0.47 O Ho: P >0.47; H₂: P = 0.47 O Ho: P = 0.47; H₂: P < 0.47 (b) What sampling distribution will you use? O The standard normal, since np > 5 and ng > 5. O The standard normal, since np <5 and nq < 5. O The Student's t, since np <5 and nq <5. O The Student's t, since np > 5 and nq > 5. What is the value of the sample test statistic? (Round your answer to two decimal places.) (c) Find the p-value of the test statistic. (Round your answer to four decimal places.) V
Sketch the sampling distribution and show the area corresponding to the P-value, 0-3 -2 -2 -1 0 0 1 1 2 2 3 0-3 -2 -1 0 0 1 2 2 O At the a = 0.01 level, we reject the null hypothesis and conclude the data are not statistically significant. O At the a = 0.01 level, we fail to reject the null hypothesis and conclude the data are statistically significant. O At the a = 0.01 level, we fail to reject the null hypothesis and conclude the data are not statistically significant. 0-3 (d) Based on your answers in parts (a) to (c), will you reject or fail to reject the null hypothesis? Are the data statistically significant at level a? O At the a = 0.01 level, we reject the null hypothesis and conclude the data are statistically significant. 3 (e) Interpret your conclusion in the context of the application. O There is sufficient evidence at the 0.01 level to conclude that the true proportion of customers loyal to Chevrolet is more than 0.47, There is insufficient evidence at the 0.01 level to conclude that the true proportion of customers loyal to Chevrolet is more than 0.47.
Transcribed Image Text:Sketch the sampling distribution and show the area corresponding to the P-value, 0-3 -2 -2 -1 0 0 1 1 2 2 3 0-3 -2 -1 0 0 1 2 2 O At the a = 0.01 level, we reject the null hypothesis and conclude the data are not statistically significant. O At the a = 0.01 level, we fail to reject the null hypothesis and conclude the data are statistically significant. O At the a = 0.01 level, we fail to reject the null hypothesis and conclude the data are not statistically significant. 0-3 (d) Based on your answers in parts (a) to (c), will you reject or fail to reject the null hypothesis? Are the data statistically significant at level a? O At the a = 0.01 level, we reject the null hypothesis and conclude the data are statistically significant. 3 (e) Interpret your conclusion in the context of the application. O There is sufficient evidence at the 0.01 level to conclude that the true proportion of customers loyal to Chevrolet is more than 0.47, There is insufficient evidence at the 0.01 level to conclude that the true proportion of customers loyal to Chevrolet is more than 0.47.
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