A marketing manager wants to test the hypothesis that 90% of tennis magazine's subscribers live in their own homes. 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 = .05.
Test statistic = ______________
p-value = ______________
Conclusion: ______________
Interpretation: __________________________________________

Question

A marketing manager wants to test the hypothesis that 90% of tennis magazine's subscribers live in their own homes. 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  = .05.
Test statistic = ______________
p-value = ______________
Conclusion: ______________
Interpretation: __________________________________________

Quizplus · Accepted Answer

The Answer of A marketing manager wants to test the hypothesis that 90% of tennis magazine's subscribers live in their own homes. 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  = .05.
Test statistic = ______________
p-value = ______________
Conclusion: ______________
Interpretation: __________________________________________

A Marketing Manager Wants to Test the Hypothesis That 90