[Step-by-Step] Do problem 16 on the hypothesis testing handout from class. (10 pts each) It is commonly accepted that in a typical bag of thingamajigs,
Question: Do problem 16 on the hypothesis testing handout from class. (10 pts each)
It is commonly accepted that in a typical bag of thingamajigs, 62% of them will be red. Filled with the spirit of discovery, Jason bought a bag of thingamajigs. He found out that only 48% of the thingamajigs in his bag were red. Is there sufficient evidence to conclude that less than 62% of the thingamajigs in a typical bag are red? Answer this question if Jason's bag contains: (a) 50; (b) 300 thingamajigs.
Deliverable: Word Document 
(See Solution) Do problem 17 on the hypothesis testing handout from
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[Solution Library] Consider the hypothesis test: H 0 :800
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