Write the claim mathematically
Question
(a) Write the claim mathematically and
identify H0 and Ha. (b) Find the critical value(s) and identify the rejection region(s). (c) Find the standardized test statistic. (d) Decide whether to reject or fail to reject the null hypothesis.
In a sample of 1000 home buyers, you find that 499 home buyers found their real estate agent through a friend. At α=0.08, can you reject the claim that 45% of home buyers find their real estate agent through a friend?
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