A manufacturer claims that less than 1% of all its products do not meet the minimum government standards. A survey of 500 products revealed that 10 did not meet the standard. If the computed z-statistic is -1.960 and the level of significance is 0.01, your decision would be _______________.

Question

Quizplus · Accepted Answer

The Answer of A manufacturer claims that less than 1% of all its products do not meet the minimum government standards. A survey of 500 products revealed that 10 did not meet the standard. If the computed z-statistic is -1.960 and the level of significance is 0.01, your decision would be _______________.

A Manufacturer Claims That Less Than 1% of All Its