Question

In 2020, A new luxury electrical automaker established in the market place with 2 brands (Tesla...

In 2020, A new luxury electrical automaker established in the market place with 2 brands (Tesla and Mercedes Benz) already in the market. In January after first Introduction, the new entry got 200 sales of random sample of 950 sales from the total market. Can the new manufacturer of electrical car say with 95% confidence that they got more than projected 1/3 of the sales due to other random causes?

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