According to a study by the American Pet Food Dealers association, 63 percent of U. S. households own pets. A report is being prepared for an editorial in the San Francisco Chronicle. As a part of the editorial a random sample of 300 households showed 210 own pets. Does this data disagree with the Pet Food Dealers Association data? Use a .05 level of significance.

Answer

So the p value obtained was a very low value and using the significance level given we have so we can conclude that we have enough evidence to reject the null hypothesis, and we can said that at 5% of significance the proportion of households with pets is different from 0.63. This data disagree deom the Pet food association

Step-by-step explanation:

Data given and notation

n=300 represent the random sample taken

X=210 represent the households with pets

estimated proportion of households with pets

is the value that we want to test

represent the significance level

Confidence=95% or 0.95

z would represent the statistic (variable of interest)

represent the p value (variable of interest)  

Concepts and formulas to use  

We need to conduct a hypothesis in order to test the claim that true proportion is 0.63:  

Null hypothesis:  

Alternative hypothesis:  

When we conduct a proportion test we need to use the z statistic, and the is given by:  

(1)  

The One-Sample Proportion Test is used to assess whether a population proportion is significantly different from a hypothesized value .

Calculate the statistic  

Since we have all the info requires we can replace in formula (1) like this:  

Statistical decision  

It's important to refresh the p value method or p value approach . "This method is about determining "likely" or "unlikely" by determining the probability assuming the null hypothesis were true of observing a more extreme test statistic in the direction of the alternative hypothesis than the one observed". Or in other words is just a method to have an statistical decision to fail to reject or reject the null hypothesis.  

The significance level provided . The next step would be calculate the p value for this test.  

Since is a bilateral test the p value would be:  

So the p value obtained was a very low value and using the significance level given we have so we can conclude that we have enough evidence to reject the null hypothesis, and we can said that at 5% of significance the proportion of households with pets is different from 0.63. This data disagree deom the Pet food association

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step-by-step explanation: