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A newsletter publisher believes that 3 1 % of their readers own a Rolls Royce. A testing firm believes this is inaccurate and performs a
A newsletter publisher believes that
of their readers own a Rolls Royce. A testing firm believes this is inaccurate and performs a test to dispute the publisher's claim. After performing a test at the
level of significance, the testing firm fails to reject the null hypothesis.
What is the conclusion regarding the publisher's claim?
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