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.
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
Problem 8CR
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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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