Compute the z-statistic for each given claim (p), the observed proportion (p^), and the given
sample size (𝑛).
𝑝 = 0.53, 𝑝̂= 0.54, 𝑛 = 32
z=pˆ−pp(1−p)nz=\frac{\^p-p}{\sqrt{\frac{p(1-p)}{n}}}z=np(1−p)pˆ−p
z=0.54−0.530.53(1−0.53)32=0.113z=\frac{0.54-0.53}{\sqrt{\frac{0.53(1-0.53)}{32}}}=0.113z=320.53(1−0.53)0.54−0.53=0.113
Need a fast expert's response?
and get a quick answer at the best price
for any assignment or question with DETAILED EXPLANATIONS!
Comments