According to the New York Times, the Martha Stewart Living Omni media Company concentrates mostly on food.
Question:
According to the New York Times, the Martha Stewart Living Omni media Company concentrates mostly on food. An analyst wants to disprove a claim that 60% of the company's public statements have been related to food products in favor of a left-tailed alternative. A random sample of 60 public statements revealed that only 21 related to food. Conduct the test and provide a p-value.
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Step by Step Answer:
H 0 p 60 H 1 p n 60 05 Using the template Testing Population Propor...View the full answer
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Related Book For 
Complete Business Statistics
ISBN: 9780077239695
7th Edition
Authors: Amir Aczel, Jayavel Sounderpandian
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