of an online edition The magazine plans to go ahead onlyif it is convinced that
ID: 3040663 • Letter: O
Question
of an online edition The magazine plans to go ahead onlyif it is convinced that more than 25% of current readers would expressed interest. What should the magazine do? subscnbe. The magazine contacted a simple random sample of 400 current subscribers, and 127 of those surveyed What is the value of the test statistic? A The test statistic is 3.12 (Round to two decimal places as needed.) B. The assumptions and conditions are not met, so the test cannot proceed What is the P-value of the test statistic? @a, p-value-(Round toureo dearnal places as needed.) O B. The assumptions and conditions are not met, so the test cannot proceed.Explanation / Answer
B) p value = P(z>3.12)
Use normal table or excel function
1-NORMSDiST(3.12)
= 0.001
So, p value is 0.001
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