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A major newspaper is considering to launch an online edition. The newspaper plans to go ahead only if at least 30% of current readers would

  • A major newspaper is considering to launch an online edition. The newspaper plans to go ahead only if at least 30% of current readers would subscribe. The newspaper surveyed a random sample of 400 current readers, and 130 of those express interest.
  • 1. What should the newspaper do? Use appropriate test and state the assumption(s).
  • 2. What is the P-value for the test you have conducted in part a?

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