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Last Year,10 Percent of All Teenagers in Greenville Purchased a New

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Last year,10 percent of all teenagers in Greenville purchased a new iPhone.This year,a sample of 260 randomly chosen Greenville teenagers showed that 39 had purchased a new iPhone.To test whether the percentage has risen,the p-value is approximately


Definitions:

Deposit Ticket

This is a document that accompanies a bank deposit, listing the amounts of cash and checks being deposited and their respective details.

Negotiable Instrument

A document guaranteeing the payment of a specified amount of money, either on demand or at a set time, with the payer specified on the document.

Endorsement

Signing one's name on the back of a check or other document, authorizing its transfer or acceptance, or the act of publicly supporting a product, service, or candidate.

Cash Receipts

The collection of money, including coins, notes, and electronic payments, received by a business during a given period.

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