PROPORTION In July 2007, a newspaper publisher consideredMaunching a new nationa

Question

PROPORTION In July 2007, a newspaper publisher consideredMaunching a new national newspaper in Canada. The publisher would begin production if th research firm reported that 58 respondents from a random sample of 400 adults in Toronto stated they would subscribe to the proposed newspaper. Determine whether the publisher produced and distributed the newspaper at the 0.05 level of significance. in Toronto was projected to exceed 0.12. A market 58 0.146 Ho.mso, la (Do NorfkoWE &DISTRIBUTE;) Ha: T 0.l2 (PRoDuCE&DISTRIBUTE; RIGHT TAIL 0.45-0.1a to.oas .01624 +1.538643% OR t1.54 Zent +1.645 lzcolels|Zori tl+FAIL TO REJECT H as p-VALUE FAIL TO REJECT H BOTH APPROACHES, As A RESULT, CONCLUDE THE PUBLISHER DID NOT BOTTOM LINE : AND®, LEAD To “ FAIL TO REJECT H¢ 53 PRoDDISTRIBUTE THE NEWSPAPER

Explanation / Answer

Level of significance is 0.05

Z(0.05) is 1.645 for upper tailed test(right tailed) and Z(0.05) is -1.645 for lower tailed test.

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