One Survey Conducted by a Major Leasing Company Determined That

Multiple Choice

One survey conducted by a major leasing company determined that the Lexus is the favorite luxury car for 25% of leases in Atlanta.Suppose a US car manufacturer conducts its own survey in an effort to determine if this figure is correct.Of the 384 leases in Atlanta surveyed,79 lease a Lexus.Calculate the appropriate test statistic to test the hypotheses.

A) -2.15
B) -2.00
C) -0.91
D) 2.00
E) 2.51