Research in the gaming industry showed that 10 percent of

Reference no: EM13616298

Research in the gaming industry showed that 10 percent of all slot machines in the united states stop working each year. Short's Game arcade has 60 slot machines and only 3 failed last year. Use the five-step hypothesis-testing procedure at the .05 significance level to test whether this data contradicts the research report.

A. Why can you employ z as the test static

B. State the null and alternate hypothesis.

C. Evaluate the test statistic and make the decision

D. What is the p-value and what does that imply?

Reference no: EM13616298

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