What is the sample proportion?
In Thailand, the ratio of bitcoin investor is gradually increased from last year. Last year, the proportion of Thai investors was 0.003. In this year, there are 50000 persons randomly selected, there are about 250 persons invested in bitcoin. You are requested to test the significant increment in population proportion of investor last year at 98% confidence level. a) What is the sample proportion? Your answer b) What is the standard error of proportion? Your answer c) What is null hypothesis? (In statement) Your answer c) What is alternative hypothesis? (In statement)
d) What is the value of test statistics? Your answer e) What is value of p-value? Your answer g) What is critical value? Your answer h) What is the conclusion? Your answer
What is the sample proportion?
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What is the sample proportion?
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