Automobiles Purchased An automobile owner found that 20 years ago, 72% of Americans sald that they would prefer to purchase an American automobile. He believes that the number is much less than 72% today. He selected a random sample of 40 Americans and found that 25 said that they would prefer an American automobile. Can it be concluded that the percentage taday is less than 72%? At a =0.10, is he correct? Use the P-value method with a TI-83 Plus/TI-84 Plus calculator.

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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Automobiles Purchased An automobile owner found that 20 years ago, 72% of Americans sald that they would prefer to
purchase an American automobile. He believes that the number is much less than 72% today. He selected a random sample of 40
Americans and found that 25 said that they would prefer an American automobile. Can it be concluded that the percentage taday
is less than 72%? At a =0.10, is he correct? Use the P-value method with a TI-83 Plus/TI-84 Plus calculator.
Transcribed Image Text:Automobiles Purchased An automobile owner found that 20 years ago, 72% of Americans sald that they would prefer to purchase an American automobile. He believes that the number is much less than 72% today. He selected a random sample of 40 Americans and found that 25 said that they would prefer an American automobile. Can it be concluded that the percentage taday is less than 72%? At a =0.10, is he correct? Use the P-value method with a TI-83 Plus/TI-84 Plus calculator.
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