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A Company Believes That It Controls More Than 30% of the Total

question 92

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A company believes that it controls more than 30% of the total market share for one of its products.To prove this belief,a random sample of 144 purchases of this product is contacted.It is found that 50 of the 144 purchased this company's brand of the product.If a researcher wants to conduct a statistical test for this problem,the test would be _______.


Definitions:

Single-Stranded

Refers to the structure of nucleic acids, such as DNA or RNA, consisting of a single linear chain of nucleotides.

Thymine

One of the four nucleotide bases in DNA, pairing with adenine.

Enzyme

Biological molecules that significantly speed up the rate of virtually all of the chemical reactions within cells.

Organic Groups

Radicals or moieties consisting of carbon atoms bonded in various configurations, distinguishing organic from inorganic compounds.

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