Solved - Hypothesis - Proportion Test | Z test, P-value | First-time home buyers скачать в хорошем качестве

Solved - Hypothesis - Proportion Test | Z test, P-value | First-time home buyers

Problem Solved: Some first-time home buyers-especially millennials are raiding their retirement accounts to cover the down payment on a home. An economist is concerned that the percentage of millennials who will dip into their retirement accounts to fund a home now exceeds 20%. He randomly surveys 190 millennials with retirement accounts and finds that 50 are borrowing against them. 1. Set up the null and the alternative hypotheses to test the economist's concern. 2. Calculate the value of the test statistic and the p-value. 3. Determine if the economist's concern is justifiable at α=0.05. One-Sample t-Test for μ:    • One-Sample t-Test for μ: Hypothesis, P-val...   z-test for μ template:    • Hypothesis Z-test for mean – Excel Templat...   t-test μ template:    • Hypothesis t-test Template for mean in Exc...   Hypothesis - Proportion (p) template:    • Hypothesis Test for Proportion Template in...   Hypothesis Test for Proportion:    • Hypothesis Test for Proportion | Examples ...   Confidence Interval for Proportion:    • Confidence Interval for a population propo...