Essay
Tennis Magazine Narrative
A marketing manager wants to test the hypothesis that 90% of Tennis magazine's subscribers are homeowners. Accordingly, a simple random sample of 80 is taken from the magazine's list of subscribers. The sample turns out to contain 64 homeowners. Use a significance level of 
= 0.05.
-Refer to Tennis Magazine Narrative. Calculate the p-value and write your conclusion.
Correct Answer:
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p-value = 2p(z < -2.98) = 2(0.50 - 0.498...View Answer
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