Final answer:
Yes we can justify the claim at the 1% level of significance that the new method has a success rate of more than 30%. So, The correct option is C. Yes, because the operations using the new method have a higher success rate than the old method.
Step-by-step explanation:
The claim that the new method has a success rate of more than 30% can be justified at the 1% level of significance. To determine this, we can perform a hypothesis test. Let p represent the true success rate of the new method.
Hypotheses:
- Null hypothesis H₀: p
0.30 (The new method is not more successful than the old method)
- Alternative hypothesis
: p > 0.30 (The new method is more successful than the old method)
Test Statistic:
We can use the z-test for proportions. The test statistic z is calculated using the formula:
z =
![\frac{(\hat{p} - p_0)}{\sqrt{\frac{\hat{p}(1 - \hat{p})}{n}}} \]](https://img.qammunity.org/2024/formulas/mathematics/high-school/k404s7ibubn3j6pbzq3huip9n3jch0usdn.png)
where
is the sample proportion, p₀ is the assumed proportion under the null hypothesis, and n is the sample size.
Calculation:
Given that
= 0.375 , p₀ = 0.30 , and n = 256 , the calculated z-value is obtained.
Decision Rule:
If the calculated z is greater than the critical value for a one-tailed test at a 1% level of significance, we reject the null hypothesis.
Conclusion:
Comparing the calculated z with the critical value, if z >
, we reject H₀ . Therefore, we can justify the claim that the new method has a success rate of more than 30% at the 1% level of significance.