Standard hypothesis test procedure

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Reference no: EM13110923

A manufacturer claims that at least 99% of all his products meet the minimum government standards. A survey of 500 products revealed ten did not meet the standard.

Conduct the standard hypothesis test procedure and answer the following:

What is the null hypothesis?

What is the alternate hypothesis?

What is the critical value if a = .01?

What is the z-statistic?

What is your decision? Do the products meet the government standards?

Reference no: EM13110923

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