Explore BrainMass

Advanced Hypothesis

Sample size n = 3,200.

41% think that outsourcing is bad for U.S. businesses. 56% think outsourcing is good for U.S. businesses. 3% do not know. I think that the percent of those that think is good is lower.

Assumption: Suppose that outsourcing can be deemed feasible if at least 73% of the population thinks that outsourcing is good for U.S. businesses.

Hypotheses: H0: p = 0.5 vs. p >= 0.5
Level of Significance: = 0.1

Solution Summary

The solution is well explained. The attachment goes into the steps of arriving at the answer. The solution can be easily understood by anyone with moderate understanding of Hypothesis Testing. Overall, a great response to the question being asked.