A magazine is considering the launch of an online edition. The magazine plans to go ahead only if it is convinced that more than 25% of current readers would subscribe. The magazine contacted a simple random sample of 400 current subscribers, and 122 of those surveyed expressed interest. What should the company do? Test appropriate hypotheses and state your conclusion. OC. Ho: p=0.25 HA P 0.25 O D. The assumptions and conditions are not met, so the test cannot proceed. Determine the z-test statistic. Select the correct choice below and, if necessary, fill in the answer box to complete your choice. O A. z= (Round to two decimal places as needed.) O B. The assumptions and conditions are not met, so the test cannot proceed

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A magazine is considering the launch of an online edition. The magazine plans to go ahead only if it is convinced that more than 25% of current
readers would subscribe. The magazine contacted a simple random sample of 400 current subscribers, and 122 of those surveyed expressed
interest. What should the company do? Test appropriate hypotheses and state your conclusion.
OC. Ho p=0.25
HA: P#0.25
O D. The assumptions and conditions are not met, so the test cannot proceed.
Determine the z-test statistic. Select the correct choice below and, if necessary, fill in the answer box to complete your choice.
o A.
(Round to two decimal places as needed.)
O B. The assumptions and conditions are not met, so the test cannot proceed.
Transcribed Image Text:A magazine is considering the launch of an online edition. The magazine plans to go ahead only if it is convinced that more than 25% of current readers would subscribe. The magazine contacted a simple random sample of 400 current subscribers, and 122 of those surveyed expressed interest. What should the company do? Test appropriate hypotheses and state your conclusion. OC. Ho p=0.25 HA: P#0.25 O D. The assumptions and conditions are not met, so the test cannot proceed. Determine the z-test statistic. Select the correct choice below and, if necessary, fill in the answer box to complete your choice. o A. (Round to two decimal places as needed.) O B. The assumptions and conditions are not met, so the test cannot proceed.
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