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A newsletter publisher believes that less than 80% of their readers own a Rolls Royce. Is...

A newsletter publisher believes that less than 80% of their readers own a Rolls Royce. Is there sufficient evidence at the 0.05 level to substantiate the publisher's claim?

State the null and alternative hypotheses for the above scenario.

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TOPIC:Null and alternative hypotheses for the given test of hypothesis.

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