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A weight loss center provided a loss for 72% of its participants. The center is leader decides to test a new weight loss strategy on

A weight loss center provided a loss for 72% of its participants. The center is leader decides to test a new weight loss strategy on a random sample size of 140 and found 109 participants lost weight.

Should the center continue its new strategy? Test an appropriate hypothesis using 1% significance level and state your conclusion.

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