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The owner of a small pet supply store wants to open a second store in another city, but he only wants to do so if more than one-third of the city's households have pets (otherwise there won't be enough business). He samples 150 of the households and finds that 64 have pets.
-Define the appropriate parameter(s) and state the hypotheses for testing if this sample provides evidence that more than one-third of households in this city own pets.
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