On a research it was found that 47% of residents travelers were women and 53% men. A random sample of 500 travelers on a large airline revealed that of those 500, 263 were women. Using a=0.05 compute CV, and TV, and state the hypotheses and your conclusion.
Probability of women residents "p=0.47"
Also, 263 were women from sample of 500 , "\\hat{p}=\\dfrac{263}{500}=0.526"
Let "H_o:p=\\hat{p}" be the Null hypothesis.
"H_a:p\\neq \\hat{p}" be the alternate hypothesis.
"\\alpha=0.05,"
"z_{\\frac{\\alpha}{2}}=z_{0.025}=1.96"
Critical value is 1.96.
Calculating Test value(TV)-
"z=\\dfrac{\\hat{p}-p}{\\sqrt{\\frac{p(1-p)}{n}}}"
"=\\dfrac{0.526-0.47}{\\sqrt{\\frac{0.47(1-0.47)}{500}}}=\\dfrac{0.056}{0.02232}=2.5089"
Conclusion: As the test value is greater than the critical value, So Null Hypotesis is rejected i.e "p\\neq \\hat{p}"
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