Tennis Magazine Narrative A Marketing Manager Wants to Test the Hypothesis That 90

question 83

Essay

Tennis Magazine Narrative
A marketing manager wants to test the hypothesis that 90% of Tennis magazine's subscribers are homeowners. Accordingly, a simple random sample of 80 is taken from the magazine's list of subscribers. The sample turns out to contain 64 homeowners. Use a significance level of = 0.05.
-Refer to Tennis Magazine Narrative. Calculate the p-value and write your conclusion.

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Definitions:

Smaller-Amplitude

Refers to waves with lower peaks in contexts such as sound, light, or brain activity, indicating less intensity or energy.

Frequency

The frequency at which an event happens or reoccurs within a specific timeframe or sample.

Amplitude

The extent or range of a variable wave, such as sound or light, often measured from the middle value to an extreme.

Pitch

A perceptual property of sounds that allows their ordering on a scale from low to high, primarily associated with the frequency of sound waves.