^^^its not option A^^^^ Homework: Homework 9 Save Score: 1 of 6 pts 5 of 7 (7 co

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^^^its not option A^^^^

Homework: Homework 9 Save Score: 1 of 6 pts 5 of 7 (7 complete) ? HW Score: 44.79%, 13.44 of 30 pts &15.1.35-T Question Help A magazine is considering the launch of an online edition. The magazine plans to go ahead only if it is convinced that more than 20% of current readers would subscribe. The magazine contacted a simple random sample of 400 current subscribers, and 88 of those surveyed expressed interest. What should the company do? Test appropriate hypotheses and state your conclusion. p-value = U. I 5?b (Rouna to TOur aeClmal places as needea.) B. The assumptions and conditions are not met, so the test cannot proceed What is your conclusion? Choose the correct answer below ? A. Since the P-value was high, fail to reject Ho. B. Since the P-value was low, reject Ho ° C. The assumptions and conditions are not met, so the test cannot proceed What should the company do? Choose the correct answer below A. The survey results would not be unusual if less than 20% of the current readers were interested. The company should launch the online edition O B. The survey results would be highly unusual if less than 20% of the current readers were interested. The company should not launch the online edition ° C. The survey results would not be unusual if less than 20% of the current readers were interested. The company should not launch the online edition 0 D. The assumptions and conditions are not met, so the test is not valid Click to select your answer and then click Check Answer All parts showing Clear All Final Check

Explanation / Answer

Image - 1:

Since we are not rejecting the null hypothesis, values less than 20% are likely to occur and so company should not launch the product.

Option C is correct.

Image - 2:

c) The hypotheses will be:

Ho: p = 0.60 vs. Ha: p > 0.60

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