A publisher reports that30%

30

%

of their readers own a particular make of car. A marketing executive wants to test the claim that the percentage is actually more than the reported percentage. A random sample of200

200

found that38%

38

%

of the readers owned a particular make of car. Is there sufficient evidence at the0.01

0.01

level to support the executive's claim?

Step 1 of 7:State the null and alternative hypotheses.

step 2;Find the value of the test statistic. Round your answer to two decimal places.

step 3;Specify if the test is one-tailed or two-tailed.

step 4;Determine theP-value of the test statistic. Round your answer to four decimal places.

step 5;Identify the value of the level of significance.

step 6;Make the decision to reject or fail to reject the null hypothesis.

step 7;State the conclusion of the hypothesis test( whether there is sufficient evidence to support the claim that the percentage of readers who own a particular make of car is more than 30%