A newsletter publisher believes that over 71% of their readers own a Rolls Royce. For marketing purposes, a potential advertiser wants to confirm this claim. After performing a test at the 0.02 level of significance, the advertiser decides to reject the null hypothesis. What is the conclusion regarding the publisher's claim? There is sufficient evidence at the 0.02 level of significance that the percentage is over 71 %. There is not sufficient evidence at the 0.02 level of significance to say that the percentage is over 71 %
A newsletter publisher believes that over 71% of their readers own a Rolls Royce. For marketing purposes, a potential advertiser wants to confirm this claim. After performing a test at the 0.02 level of significance, the advertiser decides to reject the null hypothesis. What is the conclusion regarding the publisher's claim? There is sufficient evidence at the 0.02 level of significance that the percentage is over 71 %. There is not sufficient evidence at the 0.02 level of significance to say that the percentage is over 71 %
Chapter9: Sequences, Probability And Counting Theory
Section9.7: Probability
Problem 1SE: What term is used to express the likelihood of an event occurring? Are there restrictions on its...
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A newsletter publisher believes that over 71% of their readers own a Rolls Royce. For marketing purposes, a potential advertiser wants to confirm this claim. After performing a test at the 0.02 level of significance, the advertiser decides to reject the null hypothesis.
What is the conclusion regarding the publisher's claim?
There is sufficient evidence at the 0.02 level of significance that the percentage is over 71 %.
There is not sufficient evidence at the 0.02 level of significance to say that the percentage is over 71 %
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