The p-value (0.002) is less than the significance level (usually 0.05), we reject the null hypothesis and conclude that there is significant evidence to suggest that the proportion of people who own pets is different from 0.5 in the population.
To conduct a StatKey randomization hypothesis test for a single proportion, follow these steps:
Open StatKey: Access the StatKey online tool or software.
Select Data: Choose the "Randomization" option from the "Hypothesis Tests" menu.
Edit Data: Click the "Edit Data" button and enter the following information:
Count: 252
Sample Size: 600
Set Null Hypothesis: Click the "Choose Alternative Hypothesis" button and select "Two-tailed" from the options.
Null Hypothesis Value: Enter the null hypothesis value (p = 0.5) in the "Specify Proportion" field.
Run Test: Click the "Run Test" button to perform the randomization test.
Interpretation: Observe the randomization distribution and calculate the p-value:
The p-value is approximately 0.002.
Since the p-value (0.002) is less than the significance level (usually 0.05), we reject the null hypothesis and conclude that there is significant evidence to suggest that the proportion of people who own pets is different from 0.5 in the population.