71.9k views
4 votes
According to a poll, approximately 49% of americans spent over $500 on holiday presents in 1998. suppose you took a random sample of 120 shoppers and found that 71 spent over $500 on holiday presents in 1999. using a null hypothesis that the proportion is .49 and an alternative that the proportion is greater than .49, what would a hypothesis test suggest about the proportion of people spending over $500 on holiday presents?

User TomByrer
by
5.1k points

1 Answer

3 votes
Thus, the proportion has gone down, 0.14.
User Pharylon
by
4.4k points