A newspaper publisher believes that over 47% of their readers own a Rolls Royce. For marketing purposes, a potential adveriser wants to confirm this claim. After performing a test at the 0.02 level of significance, the advertiser failed to reject the null hypothesis. What is the conclusion regarding the publisher's claim? (Choose A or B) A. There is sufficient evidence at the 0.02 level of significance that the percentage is over 47%. B. There is not sufficient evidence at the 0.02 level of significance to say that the percentage is over 47%.
A newspaper publisher believes that over 47% of their readers own a Rolls Royce. For marketing purposes, a potential adveriser wants to confirm this claim. After performing a test at the 0.02 level of significance, the advertiser failed to reject the null hypothesis. What is the conclusion regarding the publisher's claim? (Choose A or B) A. There is sufficient evidence at the 0.02 level of significance that the percentage is over 47%. B. There is not sufficient evidence at the 0.02 level of significance to say that the percentage is over 47%.
Chapter9: Sequences, Probability And Counting Theory
Section9.7: Probability
Problem 1SE: What term is used to express the likelihood of an event occurring? Are there restrictions on its...
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A newspaper publisher believes that over 47% of their readers own a Rolls Royce. For marketing purposes, a potential adveriser wants to confirm this claim. After performing a test at the 0.02 level of significance, the advertiser failed to reject the null hypothesis.
What is the conclusion regarding the publisher's claim? (Choose A or B)
A. There is sufficient evidence at the 0.02 level of significance that the percentage is over 47%.
B. There is not sufficient evidence at the 0.02 level of significance to say that the percentage is over 47%.
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