Trials in an experiment with a polygraph include 98 results that include 24 cases of wrong results and 74 cases of correct results. Use a 0.05 significance level to test the claim that such polygraph results are correct less than 80% of the time. Identify the null hypothesis, alternative hypothesis, test statistic, P-value, conclusion about the null hypothesis, and final conclusion that addresses the original claim. Use the P-value method. Use the normal distribution as an approximation of the binomial distribution.

So the p value obtained was a very high value and using the significance level given we have so we can conclude that we have enough evidence to  FAIL to reject the null hypothesis, and we can said that at 5% of significance the proportion of successes is not significantly less than 0.8 or 80%

Step-by-step explanation:

Data given and notation

n=98 represent the random sample taken

X=74 represent the number of cases correct

estimated proportion of successes

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 the true proportion of successes is less than 0.8.:  

Null hypothesis:  

Alternative hypothesis:  

When we conduct a proportion test we need to use the z statisitc, 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 left tailed test the p value would be:  

So the p value obtained was a very high value and using the significance level given we have so we can conclude that we have enough evidence to  FAIL to reject the null hypothesis, and we can said that at 5% of significance the proportion of successes is not significantly less than 0.8 or 80%

12.5 feet

step-by-step explanation:

rick has $1400 and sally has $1500

step-by-step explanation:

to find amount of money rick has after 10 years :

principal = $1000 , time = 10 years , rate = 4% annually

to find amount of money sally has after 10 years :

her friend gives to pay her $50 per year, therefore money she has after 10 years = 50 × 10 = $500

also, sally gets $1000 after 10 years,

therefore, total amount of money sally has after 10 years = 500 + 1000 = $1500

so, after 10 years : rick has $1400 and sally has $1500