A philanthropic organization knows that its donors have an average age near 60, and so is considering

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A philanthropic organization knows that its donors have an average age near 60, and so is considering taking out an ad in the Canadian Association of Retired Persons (CARP) magazine. The head of Finance says that the CARP advertisement won’t be worth the money unless more than two-thirds of the donors are 50 or older. Using the data set provided, test the appropriate hypothesis and write up a few sentences with your conclusions.

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Business Statistics

ISBN: 9780133899122

3rd Canadian Edition

Authors: Norean D. Sharpe, Richard D. De Veaux, Paul F. Velleman, David Wright

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