Let p represent the population proportion of all employees at a large company who are very concerned or somewhat concerned about having the money to make their monthly mortgage or rent payment. A local organization would like to assess at a 10 significance level if a majority of all employees are worried about making their mortgage or rent payments, namely, H0: p = 0.50 versus Ha: p > 0.50 . A random sample of 20 such employees yields just 8 adults who say they are very concerned or somewhat concerned about having the money to make their monthly payment. Without actually computing it, will the resulting p-value be less than 0.50, equal to 0.50, or more than 0.50?
Q. 2Gun control is a sensitive issue in the US. In a survey, 650 people favored a ban on handguns out of a total of 1250 individuals polled. Do the data provide sufficient evidence to conclude that a majority of individuals in the population favor banning handguns? Could you have made a mistake when making your decision in question 104? If yes, what is this mistake called? If no, explain briefly why not.
Q. 3Gun control is a sensitive issue in the US. In a survey, 650 people favored a ban on handguns out of a total of 1250 individuals polled. Do the data provide sufficient evidence to conclude that a majority of individuals in the population favor banning handguns? Using a 5 significance level, does there appear to be a majority of people in the population who favor banning handguns?
Q. 4Gun control is a sensitive issue in the US. In a survey, 650 people favored a ban on handguns out of a total of 1250 individuals polled. Do the data provide sufficient evidence to conclude that a majority of individuals in the population favor banning handguns? What is the numerical value of the corresponding p-value?
Q. 5Gun control is a sensitive issue in the US. In a survey, 650 people favored a ban on handguns out of a total of 1250 individuals polled. Do the data provide sufficient evidence to conclude that a majority of individuals in the population favor banning handguns? What is the numerical value of the observed test statistic?
Q. 6Gun control is a sensitive issue in the US. In a survey, 650 people favored a ban on handguns out of a total of 1250 individuals polled. Do the data provide sufficient evidence to conclude that a majority of individuals in the population favor banning handguns? What is the sample proportion of people who favor banning handguns? Include the appropriate symbol in your answer that represents this value.