Mathematics, 12.08.2021 22:30 neariah24
A banker is interested in the percentage of banking customers who have a money market savings account. Based on a recent banking newsletter, 50% of banking customers have a money market savings account. The banker believes this percent has decreased in recent months. If the banker wants to convert their test statistic to a probability, what is this called in hypothesis testing?
a) Significance level
b) Null hypothesis
c) Critical value
d) P-value
Answers: 3
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A banker is interested in the percentage of banking customers who have a money market savings accoun...
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