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A magazine is considering the launch of an online edition. The magazine plans to go ahead only if it is convinced that more than 21.6%
A magazine is considering the launch of an online edition. The magazine plans to go ahead only if it is convinced that more than 21.6% of current readers would subscribe. The magazine contacted a simple random sample of 356 current subscribers, and 79 of those surveyed expressed interest. Test the appropriate hypotheses using a significance level of 0.10 to determine if the magazine should launch an online edition.
- H0: ____________________ Ha:____________________
- = ________________ decision rule: ___________________
- Test Statistic: z = _____________________ (Note: round the z-score to two decimal places - carry at least four decimal places throughout all of your calculations)
- probability= _________________________ (Note: round the probability to four decimal places)
- Decision: ____________________
- Conclusion: At the 0.10 level, there ________________ significant evidencetoconclude the percentage of current subscribers who would subscribe to an online edition of the magazine is ________________________________ than 21.6%.
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