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In: Statistics and Probability

Before shopping on-line became very popular with consumers a few years ago, 10% of retail outlets...

Before shopping on-line became very popular with consumers a few years ago, 10% of retail outlets in Greece closed their doors each year (i.e., went out of business). A random sample of 200 retail outlets across Greece  which were open at the beginning of 2015 were randomly selected for a study. At the end of 2015, 25 or these outlets were no longer open. At the .10 level of significance, is there sufficient evidence that the proportion of all Grecian retail outlets that closed in 2019 is greater than the proportion that closed before shopping on-line became very popular? In answering this question, complete the following in the spaces provided (including diagrams):

Hypotheses

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p-value

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orchestra answered 2 years ago
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