A manufacturer claims that less than 1% of all his products do not meet the minimum government
Standards. A survey of 500 products revealed ten did not meet the standard. If the z-statistic is
-2) 58 and the level of significance is 0.02, what is your decision?
A) You reject the null hypothesis, and agree that less than 1% fail to meet government standards.
B) You have insufficient evidence to reject the null hypothesis.
C) You reject the alternate hypothesis and agree that less than 1% meet government standards.
D) You should have used the t-test.
Correct Answer:
Verified
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