Essay
A newspaper is considering the launch of an online edition.The newspaper plans to go ahead only if it's convinced that more than 35% of current readers would subscribe.The newspaper contacts a simple random sample of 1000 current subscribers,and 345 of those surveyed expressed interest.What should the company do? Test an appropriate hypothesis and state your conclusion.Be sure the appropriate assumptions and conditions are satisfied before you proceed.Use a calculator to find z-scores and P-values.
Correct Answer:
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: p = 0.35; = p > 35; Sample is less t...View Answer
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Correct Answer:
Verified
: p = 0.35; = p > 35; Sample is less t...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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