# (Solved): a. How many business owners in the survey planned to provide a holiday gift to their employees thi ...

a. How many business owners in the survey planned to provide a holiday gift to their employees this year? Round your answer to the nearest whole number. b. Suppose the business owners in the sample do as they plan. Conduct a hypothesis test that can be used to determine whether the proportion of business owners providing holiday gifts had decreased from last year. State the hypotheses. 0.47

`H_(a):p`

0.47 Compute the test statistic and

`p`

-value.

`z`

-value (to 2 decimals)

`p`

-value (to 4 decimals) c. Using a 0.05 level of significance, would you conclude that the proportion of business owners providing gifts decreased?

`H_(0)`

. We | conclude that the proportion of business owners providing gifts has decreased from last year to this year. What is the smallest level of significance for which you could draw such a conclusion? (to 4 decimals) Last year, 47% of business owners gave a holiday gift to their employees. A survey of business owners conducted this year indicates that 40% planned to provide a holiday gift to their employees. Suppose the survey results are based on a sample of 90 business owners.

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