Of a random sample of 205 auditors, 89 indicated some measure of agreement with the statement "Cash flow is an important
Posted: Thu May 05, 2022 8:28 pm
Of a random sample of 205 auditors, 89 indicated some measure of agreement with the statement "Cash flow is an important indication of profitability." Test at the 1% significance level against a two-sided alternative hypothesis the null hypothesis that one-half of the members of this population would agree with this statement. Also find and interpret the p-value of this test. What are the null and alternative hypotheses for this test? O A. Ho: P 20.5 OB. Ho: P=0.5 H₁: P=0.434 H₁: P<0.5 O C. Họ: Ps0.5 O D. Ho: P=0.5 H₁: P# 0.5 H₁: P >0.5 For this test at the significance level x with sample proportion p, hypothesized proportion Po, sample size n, and zor Z/2, what is the form of the decision rule? O A. Reject H, if p-Po √Po(1-Po) In >Z₁ O B. Reject Ho if p-Po √Po(1-Po) /n <-Za p-Po OC. Reject Ho if- <-Za/2 or reject Ho if p-Po Po(1-Po) /n √Po (1-Po)/n ->Zα/2