MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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A publisher reports that 46% of their readers own a Jaguar. A marketing executive wants to test the claim that the percentage is actually more than the reported percentage. A random sample of 220 readers found that 50% of the readers owned a Jaguar. Is there sufficient evidence at the 0.05 level of significance to support the executive’s claim?
H0: p = 0.46
Ha: p >> 0.46
What is the correct decision for this test? What is your conclusion, in context? Explain your reasoning.
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