Suppose a businessman claims his low-level tech process is at least as successful as a more technica
Question: Suppose a businessman claims his low-level tech process is at least as successful as a more technical and more expensive process, which is known to have a 35% success rate. A survey of 65 customers finds that 23 customers found the low tech process was successful. Test the claim using the P-value method. Let a P-value of 5% represent strong evidence.
a) Determine the P value.
b) Choose the correct conclusion regarding the claim that the low tech process is at least as successful as the higher cost more technical process at the 35% success rate.
Price: $2.99
Solution: The solution file consists of 2 pages
Deliverable: Word Document![](/images/msword.png)
Deliverable: Word Document
![](/images/msword.png)