Asked by Desirae Whitmer on Jun 02, 2024
Verified
{Sinus Drug Narrative} Is there enough evidence at the 5% significance level to infer that the competitor is correct?
Significance Level
A threshold in hypothesis testing that determines the probability of rejecting a true null hypothesis, typically set at 0.05 or 0.01.
Sinus Drug
A medication specifically designed to treat symptoms associated with sinus problems, such as congestion and pain.
- Implement the fundamentals of hypothesis testing to evaluate assertions concerning proportions within populations.
- Comprehend and utilize the notion of the p-value within the framework of hypothesis evaluation.
- Employ statistical data to inform decisions or deductions regarding proportions of populations.
Verified Answer
FM
Fanny Marin MarinJun 05, 2024
Final Answer :
Rejection region: | z | > z0.025 = 1.96
Test statistic: z = −1.0
Conclusion: Don't reject H0.Not enough evidence at the 5% significance level to infer that the company is incorrect.
Test statistic: z = −1.0
Conclusion: Don't reject H0.Not enough evidence at the 5% significance level to infer that the company is incorrect.
Learning Objectives
- Implement the fundamentals of hypothesis testing to evaluate assertions concerning proportions within populations.
- Comprehend and utilize the notion of the p-value within the framework of hypothesis evaluation.
- Employ statistical data to inform decisions or deductions regarding proportions of populations.
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