Write a sentence describing the significance level

Assignment Help Basic Statistics

Reference no: EM131793121

Credit Card Application

An applicant is filling out a credit card application form that has 10 multiple-choice questions (about income and asset details), each with three possible answers.

The banker's null hypothesis is that the applicant is answering randomly, and the population proportion of correct information is 0.33.

Suppose we do a test with a significance level of 0.05. Write a sentence describing the significance level in the context of the hypothesis test.

Reference no: EM131793121

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