Question

The following information may be used in several questions, A housing policy research group reported that 29% of homeowners in the United States struggle to make monthly mortgage payments. An online real estate information company is interested in examining this claim in a particular U.S. state that has experienced some recent economic hardships Using the information above regarding the survey of homeowners with mortgages, which of the following gives the correct expression of the hypotheses if the company wants to see if the problem in terms of the proportion of people struggling to pay) is worse in this particular state than in the US, as a whole? Read carefully! Hint: Think about whether a large or small percentage would indicate "worse conditions. H30.29 MP >0.29 HP 2029 vs MP<0.29 H, 4 - 0.299 H 10.29 HOP - 0.29 ve HP-0.29 Hop S029 vs M p > 0.29

Answer 1

Let p' denote the proportion 91 home owners in the US who struggle to make monthly mottgage payments Hence, too teste we need to test of p=29% = 0.29 o the appropriate hypokesed ginen by Ho & P=0.29 VS 116 P +0.29