A sample of 100 one-dollar bills from the subway cash


A sample of 100 one-dollar bills from the Subway cash register revealed that 16 had something written on them besides the normal printing (e.g., “Bob ? Mary”). (a) At α = .05, is this sample evidence consistent with the hypothesis that 10 percent or fewer of all dollar bills have anything written on them besides the normal printing? Include a sketch of your decision rule and show all calculations. (b) Is your decision sensitive to the choice of α? (c) Find the p-value.

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Basic Statistics: A sample of 100 one-dollar bills from the subway cash
Reference No:- TGS0580131

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