Question
The sales manager of a major daily newspaper in the Quebec City area says that more than 70% of households in the region read at
The sales manager of a major daily newspaper in the Quebec City area says that more than 70% of households in the region read at least one daily newspaper. A survey of 1,000 households in the Quebec City area indicates that 720 households read at least one daily newspaper. households read at least one daily newspaper. Is the business manager's claim supported by the survey results at the significance level o = 0.005? a) Since the calculated Z-value = 1.38 < the critical Z-value = 1.96, the results contradict the business manager's statement. The proportion appears to be equal to 70%. b) Since the calculated Z value = 1.38 < the critical value of Z = 2.33, the results contradict the sales manager's statement. The proportion appears to be equal to 70%.
c) Since the calculated Z value = 1.38 < the critical value of Z = 2.58, the results contradict the sales manager's statement. The proportion appears to be equal to 70%. d) Since the calculated Z value = 1.38 > the critical value of Z = 1.28, the results do not contradict the sales manager's statement. The proportion appears to be greater than 70%. e) Since the calculated value of Z = 1.38 < the critical value of Z = 1.645, the results contradict the sales manager's statement. The proportion appears to be equal to 70%.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started