A recent survey in the N.Y. Times Almanac indicated that 48.8% of families own stock. A broker
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A recent survey in the N.Y. Times Almanac indicated that 48.8% of families own stock. A broker wanted to determine if this survey could be valid. He surveyed a random sample of 250 families and found that 142 owned some type of stock.
At the 0.05 significance level, can the survey be considered to be accurate?
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Related Book For
Introductory Business Statistics
ISBN: 202318
1st Edition
Authors: Alexander Holmes , Barbara Illowsky , Susan Dean
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