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: __________________________________________

Question

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The Answer of 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: __________________________________________

The Owner of a Marina Would Like to Believe That