One survey conducted by a major leasing company determined that the Lexus is the favorite luxury car for 25 percent of leases in Atlanta.Suppose a US car manufacturer conducts its own survey in an effort to determine whether this figure is correct.Of the 384 leases in Atlanta surveyed,79 lease a Lexus.Calculate the p-value associated with the test statistic,and test the claim at α = .05.

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The Answer of One survey conducted by a major leasing company determined that the Lexus is the favorite luxury car for 25 percent of leases in Atlanta.Suppose a US car manufacturer conducts its own survey in an effort to determine whether this figure is correct.Of the 384 leases in Atlanta surveyed,79 lease a Lexus.Calculate the p-value associated with the test statistic,and test the claim at α = .05.

One Survey Conducted by a Major Leasing Company Determined That