Show-up ratio of people booked tickets

Assignment Help Basic Statistics

Reference no: EM13103157

Suppose from a sample of data, we have X passengers nally show up for a ight while n people booked the tickets.

(a). State the hypothesis test (with the formula of test statistic) could be used to see if the show-up ratio of people booked tickets is larger than 0.7.

(b). Find the formula for the P-value for the hypothesis test, and state your understanding of it and make sure it is understandable by people (mostly your future colleagues, bosses or clients) without much statistic background.

Reference no: EM13103157

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