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Can it be claimed that the average capital share of the members is significantly different from 16,000?
two-tailed
t(confidence level 99%) 2.947
Test Statisitc = -0.149998 ±0.15 Test stats=(15814-16000)/(4802.57/(SQRT(15)))
-0.14999779335
n 800 defect 80
P^ 0.100
q^ 0.900
CL 0.95 0.94 0.96
P 0.05 0.06 0.04
a 0.025 0.03 0.02
Z(0.025) 1.96
Test statistic=(0.06-0.05)/(SQRT((0.05(1-0.05))/800))
Test statistic 1.297771
if the data indicates that the proportion of defective items is significantly more than 5%. At a significance level of 5%
Onetailed
nce level of 5%