swer this one instead. A nationwide study of American homeowners revealed that 64% have one or more lawn mowers.  A lawn equipment manufacturer, located in Omaha, feels the estimate is too low for households in Omaha.  Can the value 0.64 be rejected if a survey of 4

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A nationwide study of American homeowners revealed that 64% have one or more lawn mowers.  A lawn equipment manufacturer, located in Omaha, feels the estimate is too low for households in Omaha.  Can the value 0.64 be rejected if a survey of 490 homes in Omaha yields 360 with one or more lawn mowers?  Use α = 0.05.

Expert Solution
Step 1

Given:

Sample size (n) = 490

Number of success (x) = 360

Sample proportion p^=360490=3649

Hypothesized proportion (p) = 0.64

α = 0.05

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