Rao’s Finance claims that less than 50% of adults in Suva have a will. A will is a legal
document that sets forth your wishes regarding the distribution of your property and the care of
any minor children. If you die without a will, those wishes may not be carried out. To
substantiate the claim, a random sample of 1000 adults showed that 450 of them have a will.
A. At the 5% significance level, can you conclude that the percentage of people who have a
will is less than 50%?
B. What is the Type I error in part A? What is the probability of making this error?
C. What would your decision be in part A if the probability of making a Type I error were
zero? Explain.
Answers
Answered by
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Answer:
sorry I don't know
next time
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