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Significance level testing-Paying Bills Online

by | Nov 30, 2023 | Posted Questions

Significance level testing: Paying
Bills Online

Over the past few years, banks
have strongly promoted online banking and the paying of bills online. In 2003,
about 50% of internet users paid bills online. In a recent survey of 250
internet users, 150 said that they pay bills online. At the 5% level of
significance, test whether the proportion of internet users paying bills online
is now more than 50%.

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