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C. (ii)
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A real estate agent claims that 65% of all private
residences being built today are 3-bedroom homes.
To test this claim, a large sample of new residences
is inspected; the proportion of these homes with 3 bedrooms
is recorded. State the null and alternative hypotheses
to be used in this test.
(i) Ho p = 0.65, H₁: p = 0.65
(ii) Ho: p 0.65, H₁: p = 0.65
(iii) Ho p=0.65, H₁: p > 0.65
(iv) Ho: p=0.65, H₁: p < 0.65
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