Tennis Magazine Narrative
A marketing manager wants to test the hypothesis that 90% of Tennis magazine's subscribers are homeowners. 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 = 0.05.
-Refer to Tennis Magazine Narrative. Calculate the p-value and write your conclusion.

Question

Tennis Magazine Narrative
A marketing manager wants to test the hypothesis that 90% of Tennis magazine's subscribers are homeowners. 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  = 0.05.
-Refer to Tennis Magazine Narrative. Calculate the p-value and write your conclusion.

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The Answer of Tennis Magazine Narrative
A marketing manager wants to test the hypothesis that 90% of Tennis magazine's subscribers are homeowners. 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  = 0.05.
-Refer to Tennis Magazine Narrative. Calculate the p-value and write your conclusion.

Tennis Magazine Narrative A Marketing Manager Wants to Test the Hypothesis That 90