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According to a study by the American Pet Food Dealers Association, 57 percent of U.S. households own pets. A report is being prepared for an editorial in the San Francisco Chronicle. As a part of the editorial a random sample of 335 households showed 195 own pets. Does this data disagree with the Pet Food Dealers Association data? Use a 0.05 level of significance.
a) State the null hypothesis and the alternate hypothesis.H0: ? = H1:?b) State the decision rule for 0.05 significance level.H0 is rejected if z is not between and .c) Compute the value of the test statistic. Value of the test statistic d) Does this data disagree with the Pet Food Dealers Association data? Use a 0.05 level of significance. H0 is rejectednot rejected. There is sufficientinsufficient evidence to show the proportion has changed.
Prepare journal entries to record the following retirement. (Show computations and round to the nearest dollar). The December 31, 2010 balance sheet of Wolfe Co. included the following items:
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