The Owner of a Marina Would Like to Believe That

Short Answer

The owner of a marina would like to believe that more than 40% of the sailboat owners use their boats more than 6 times each summer. A random sample of 70 sailboat owners showed 42 used their boats more than 6 times each summer. Test the appropriate hypotheses using a significance level of 0.005. Is there reason for the marina owner to believe more than 40% of the sailboat owners use their boats more than 6 times each summer?
Test statistic = ______________
Critical Value(s) = ______________
Conclusion: ______________
Interpretation: __________________________________________