A recent article in The Wall Street Journal entitled As Identity Theft Moves Online, Crime Rings Mimic

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A recent article in The Wall Street Journal entitled “As Identity Theft Moves Online, Crime Rings Mimic Big Business” states that 39% of the consumer scam complaints by American consumers are about identity theft. Suppose a random sample of 90 complaints is obtained. Of these complaints, 40 were regarding identity theft. Based on these sample data, what conclusion should be reached about the statement made in The Wall Street Journal? (Test using a  0.10.)

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Business Statistics A Decision Making Approach

ISBN: 9780136121015

8th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry, Kent D. Smith

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