Let p be the proportion of customers who disapprove of the actions taken in the conflict of interest marketing advertisement used by a business. It has been found 70% from the population have disapproved up to this point. The business wants to determine if the proportion from their random sample of 250 of their customers who disapprove of the conflict of interest actions has decreased. With z = 2.67 at 99% confidence interval, what is the p-value? (Give your answer to four decimal places.)

Let p be the proportion of customers who disapprove of the actions taken in the conflict of interest marketing advertisement used by a business. It has been found 70% from the population have disapproved up to this point. The business wants to determine if the proportion from their random sample of 250 of their customers who disapprove of the conflict of interest actions has decreased. With z = 2.67 at 99% confidence interval, what is the p-value? (Give your answer to four decimal places.)

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter8: Specialized Audit Tools: Attributes Sampling, Monetary Unit Sampling, And Data Analytics Tools

Section: Chapter Questions

Problem 30CYBK

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