Question
One survey conducted by a major leasing company determined that the Lexus is the favorite luxury car for 25% of leases in Atlanta. Suppose a
One survey conducted by a major leasing company determined that the Lexus is the
favorite luxury car for 25% of leases in Atlanta. Suppose a US car manufacturer conducts its
own survey in an effort to determine if this figure is correct. Of the 384 leases in Atlanta
surveyed, 79 lease a Lexus. Calculate a confidence interval that tests the hypotheses at a =
.03.
A. [.142 .269]
B.[.177 .234]
C.[ .161 .251]
D. [.158 .254]
One survey conducted by a major leasing company determined that the Lexus is the
favorite luxury car for 25% of leases in Atlanta. Suppose a US car manufacturer conducts its
own survey in an effort to determine if this figure is correct. Of the 384 leases in Atlanta
surveyed, 79 lease a Lexus. Calculate a confidence interval that tests the hypotheses at a =
.02.
A. [.165 .246]
B. [.179 .232]
C. [.142 .269]
D. [.153 .259]
E. [.158 .254]
One survey conducted by a major leasing company determined that the Lexus is the
favorite luxury car for 25% of leases in Atlanta. Suppose a US car manufacturer conducts its
own survey in an effort to determine if this figure is correct. Of the 384 leases in Atlanta
surveyed, 79 lease a Lexus. Calculate the p-value associated with the test statistic.
A. 0.0228
B. 0.0456
C. 0.1814
D. 0.3628
E. 0.4772
One survey conducted by a major leasing company determined that the Lexus is the
favorite luxury car for 25% of leases in Atlanta. Suppose a US car manufacturer conducts its
own survey in an effort to determine if this figure is correct. Of the 384 leases in Atlanta
surveyed, 79 lease a Lexus. Calculate the appropriate test statistic to test the hypotheses.
A. -2.15
B. -2.00
C. -0.91
D. 2.00
E. 2.51
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