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Suppose that a company claims that 67% of their

by | Nov 30, 2023 | Posted Questions

Hypothesis Test

Suppose that a company claims that
67% of their employees (about 2/3) buy annual parking permits for parking at
their workplace. A random survey of 120 employees finds that 62 of them have
annual parking permits.

Given that the pair of hypotheses
that correspond to the claim are as follows:

H0: p = 0.67

H1: p # 0.67

Find the critical values for the
hypothesis test. Assume that the significance level is a=0.01

Answer: z = ± ________________

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