A company believes that it controls more than 30% of the total market share for one of its products. To prove this belief, a random sample of 144 purchases of this product is contacted. It is found that 50 of the 144 purchases were of this company's brand. If a researcher wants to conduct a statistical test for this problem, the observed z value would be _______.     1.24     0.103     0.35     1.67

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 11PPS
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  1. A company believes that it controls more than 30% of the total market share for one of its products. To prove this belief, a random sample of 144 purchases of this product is contacted. It is found that 50 of the 144 purchases were of this company's brand. If a researcher wants to conduct a statistical test for this problem, the observed z value would be _______.

       

    1.24

       

    0.103

       

    0.35

       

    1.67

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