A publisher reports that 69 % of their readers own a particular make of car. A marketing executive wants to test the claim that the percentage is actually under the reported percentage. A random sample of 200 found that 60% of the readers owned a particular make of car. Is there sufficient evidence at the 0.10 level to support the executive's claim? Step 5 of 7: Identify the value of the level of significance.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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A publisher reports that 69 % of their readers own a particular make of car. A marketing executive wants to test the claim that the percentage is
actually under the reported percentage. A random sample of 200 found that 60% of the readers owned a particular make of car. Is there sufficient
evidence at the 0.10 level to support the executive's claim?
Step 5 of 7: Identify the value of the level of significance.
Transcribed Image Text:A publisher reports that 69 % of their readers own a particular make of car. A marketing executive wants to test the claim that the percentage is actually under the reported percentage. A random sample of 200 found that 60% of the readers owned a particular make of car. Is there sufficient evidence at the 0.10 level to support the executive's claim? Step 5 of 7: Identify the value of the level of significance.
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