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You interview a random sample of 50 adults. the results of the survey show that 46​% of the adults said they were more likely to buy a product when there are free samples. at alphaequals0.05​, can you reject the claim that at least 51​% of the adults are more likely to buy a product when there are free​ samples?

1 Answer

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Answer:


z=\frac{0.46 -0.51}{\sqrt{(0.51(1-0.51))/(50)}}=-0.707


p_v =P(z<-0.707)=0.240

So the p value obtained was a very high value and using the significance level given
\alpha=0.05 we have
p_v>\alpha so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can said that at 5% of significance the proportion of adults who said they were more likely to buy a product when there are free samples is higher or equal than 0.51

Step-by-step explanation:

Data given and notation

n=50 represent the random sample taken


\hat p==0.46 estimated proportion of adults who said they were more likely to buy a product when there are free samples


p_o=0.51 is the value that we want to test


\alpha=0.05 represent the significance level

Confidence=95% or 0.95

z would represent the statistic (variable of interest)


p_v represent the p value (variable of interest)

Concepts and formulas to use

We need to conduct a hypothesis in order to test the claim that the true proportion is at least 0.51 or no.:

Null hypothesis:
p \geq 0.51

Alternative hypothesis:
p < 0.51

When we conduct a proportion test we need to use the z statistic, and the is given by:


z=\frac{\hat p -p_o}{\sqrt{(p_o (1-p_o))/(n)}} (1)

The One-Sample Proportion Test is used to assess whether a population proportion
\hat p is significantly different from a hypothesized value
p_o.

Calculate the statistic

Since we have all the info requires we can replace in formula (1) like this:


z=\frac{0.46 -0.51}{\sqrt{(0.51(1-0.51))/(50)}}=-0.707

Statistical decision

It's important to refresh the p value method or p value approach . "This method is about determining "likely" or "unlikely" by determining the probability assuming the null hypothesis were true of observing a more extreme test statistic in the direction of the alternative hypothesis than the one observed". Or in other words is just a method to have an statistical decision to fail to reject or reject the null hypothesis.

The significance level provided
\alpha=0.05. The next step would be calculate the p value for this test.

Since is left tailed the p value would be:


p_v =P(z<-0.707)=0.240

So the p value obtained was a very high value and using the significance level given
\alpha=0.05 we have
p_v>\alpha so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can said that at 5% of significance the proportion of adults who said they were more likely to buy a product when there are free samples is higher or equal than 0.51

User Raskayu
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