A publisher reports that 41% of their readers own a particular make of car. A marketing executive wants to test the claim that the percentage is actually different from the reported percentage. A random sample of 240 found that 35 % of the readers owned a particular make of car. Is there sufficient evidence at the 0.05 level to support the executive's claim? Step 7 of 7: State the conclusion of the hypothesis test.

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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A publisher reports that 41% of their readers own a particular make of car. A marketing executive wants to test the claim that the percentage is
actually different from the reported percentage. A random sample of 240 found that 35 % of the readers owned a particular make of car. Is there
sufficient evidence at the 0.05 level to support the executive's claim?
Step 7 of 7: State the conclusion of the hypothesis test.
Transcribed Image Text:A publisher reports that 41% of their readers own a particular make of car. A marketing executive wants to test the claim that the percentage is actually different from the reported percentage. A random sample of 240 found that 35 % of the readers owned a particular make of car. Is there sufficient evidence at the 0.05 level to support the executive's claim? Step 7 of 7: State the conclusion of the hypothesis test.
Expert Solution
Step 1: determine the given variable

Sample size=240

Sample proportion=0.35

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