Question

A publisher reports that 29% of their readers own a particular make of car. A marketing executive wants to test the claim that the percentage is actually below the reported percentage. A random sample of 220 found that 20% of the readers owned a particular make of car. Is there sufficient evidence at the 0.02 level to support the executive's claim?

Step 1 of 7: State the null and alternative hypotheses

Step 2 of 7: Find the value of the test statistic. Round your answer to two decimal places.

Step 3 of 7 : Specify if the test is one-tailed or two-tailed

Step 4 of 7: Determine the P-value of the test statistic. Round to 4 decimal places Place

Step 5 of 7: Identify the value of significance

Step 6 of 7: Make the decision to reject or fail the null hypothesis

Step 7 of 7: State the conclusion of the hypothesis.

Answer 1