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One Survey Conducted by a Major Leasing Company Determined That

Question 144

Multiple Choice

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


A) 0.0228
B) 0.0456
C) 0.1814
D) 0.3628
E) 0.4772

Correct Answer:

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