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In a sample of 100 people. 50 people like ice cream, of those 50 people, 25 like chocolate.
Calculate with 95% confidence, that over 60% of people like his chocolate ice cream.
H_0= mu > 0.60
H_1=mu < 0.60
25/50=0.50% of people like chocolate ice cream
(0.50-0.60)/ [100(0.60)(0.40)]^(1/2)= -0.1/24= - 0.00417
z crit = 1.96 therefore, we can not reject the null
is this right?
Thanks
Calculate with 95% confidence, that over 60% of people like his chocolate ice cream.
H_0= mu > 0.60
H_1=mu < 0.60
25/50=0.50% of people like chocolate ice cream
(0.50-0.60)/ [100(0.60)(0.40)]^(1/2)= -0.1/24= - 0.00417
z crit = 1.96 therefore, we can not reject the null
is this right?
Thanks