According to shopper data, 97% of households purchase the power of this test to reject p = 0.97 if 0.98 is true is toilet paper. An analyst believes this is too low. To 0.21. Interpret the power of this test.
investigate, the analyst selects a random sample of 500
If the true proportion of households that purchase toilet
households and finds that 98% of them purchase toilet
paper. We found that we do not have convincing
paper is p =
there is a
evidence at the a = 0.05 level to conclude that the true probability that we will find convincing
evidence for Hai
proportion of all households that purchase toilet paper
differs from 0.97.
p>