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Conclusion that addresses the original claim

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Reference no: EM132096018

Please help me understand how to calculate the test statistic and the p value for this problem.

A recent broadcast of a television show had a 10 ?share, meaning that among 5000 monitored households with TV sets in? use,10?% of them were tuned to this program. Use a 0.01 significance level to test the claim of an advertiser that among the households with TV sets in? use, less than 15?% were tuned into the program. Identify the null? hypothesis, alternative? hypothesis, test? statistic, P-value, conclusion about the null? hypothesis, and final conclusion that addresses the original claim. Use the? P-value method. Use the normal distribution as an approximation of the binomial distribution.

Reference no: EM132096018

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