A publisher reports that 46% of their readers own a Jaguar. A marketing executive wants to test the claim that the percentage is actually more than the reported percentage.  A random sample of 220 readers found that 50% of the readers owned a Jaguar.  Is there sufficient evidence at the 0.05 level of significance to support the executive’s claim?                                    H0:  p =  0.46                                    Ha:  p  >> 0.46   What is the correct decision for this test?  What is your  conclusion, in context?  Explain your reasoning.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
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A publisher reports that 46% of their readers own a Jaguar. A marketing executive wants to test the claim that the percentage is actually more than the reported percentage.  A random sample of 220 readers found that 50% of the readers owned a Jaguar.  Is there sufficient evidence at the 0.05 level of significance to support the executive’s claim?

                                   H0:  p =  0.46

                                   Ha:  p  >> 0.46

 

What is the correct decision for this test?  What is your  conclusion, in context?  Explain your reasoning.

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