A publisher reports that 24% of their readers own a particular make of car. A marketing executive wants to test the claim that the percentage is actually different from the reported percentage. A random sample of 150 found that 20% of the readers owned a particular make of car. Determine the P-value of the test statistic. Round your answer to four decimal places.
A publisher reports that 24% of their readers own a particular make of car. A marketing executive wants to test the claim that the percentage is actually different from the reported percentage. A random sample of 150 found that 20% of the readers owned a particular make of car. Determine the P-value of the test statistic. Round your answer to four decimal places.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.1: Measures Of Center
Problem 26PFA
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A publisher reports that 24% of their readers own a particular make of car. A marketing executive wants to test the claim that the percentage is actually different from the reported percentage. A random sample of 150 found that 20% of the readers owned a particular make of car. Determine the P-value of the test statistic. Round your answer to four decimal places.
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