Solution-Problem regarding the critical value approach

Problem regarding the critical value approach

Reference no: EM131115840

Some people who bought X-Game gaming systems complained about having received defective systems. The industry standard for such systems has been ninety-eight percent non-defective systems. In a sample of 120 units sold, 6 units were defective.

a. At 95% confidence using the critical value approach, test to see if the percentage of defective systems produced by X-Game has exceeded the industry standard.

b. Show that the p-value approach results in the same conclusion as that of part a.

Show answers using excel functions to solve.

Reference no: EM131115840

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Problem regarding the critical value approach : At 95% confidence using the critical value approach, test to see if the percentage of defective systems produced by X-Game has exceeded the industry standard.

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Problem regarding the critical value approach

Reference no: EM131115840

Reference no: EM131115840

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