00:01
Hello everyone, first we need to set up the null and alternative hypothesis.
00:05
The null hypothesis h0 is equal to p is equal to 0 .04.
00:11
Again as the alternative hypothesis h0 is equal to p less than 0 .04.
00:17
Since the alternative hypothesis consisting of less than sign, this is a left -tailed test.
00:27
Next, calculate the test statistic.
00:29
Here we need to calculate the test statistic by using the formula.
00:34
The z -test statistic formula is p hat minus p divided by under root of p into 1 minus p divided by n.
00:44
This is the formula where p hat.
00:46
P hat is nothing but the sample proportion here.
00:50
The p hat is equal to x by n.
00:54
In this case, x is equal to 3 plus 9 and n value is 400.
01:03
We get this value is equal to 0 .03 and p, the probability of success is equal to 0 .04...