If you live in california the decision to buy earthquake


1. If you live in California, the decision to buy earthquake insurance is an important one. A survey revealed that only 133 of 350 randomly selected residences in one California County were protected by earthquake insurance. Calculate the appropriate test statistic (Z value) to test the hypotheses that less than 40% buy the insurance. 
A. 0.76 
B. 0.38 
C. -0.76 
D. -0.40
E. -0.38 

Solution Preview :

Prepared by a verified Expert
Managerial Accounting: If you live in california the decision to buy earthquake
Reference No:- TGS01279337

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)