In: Math
A magazine is considering the launch of an online edition. The magazine plans to go ahead only if it is convinced that more than 20% of current readers would subscribe. The magazine contacted a simple random sample of 400 current subscribers, and 102 of those surveyed expressed interest. What should the company do? Test appropriate hypotheses and state your conclusion.
Are the assumptions and the conditions to perform a one-proportion z-test met?
Yes or No
State the null and alternative hypotheses. Choose the correct answer below.
A. H0: p equals=0.20.2
HA: p not equals≠0.20.2
B. H0:p equals=0.20.2
HA:p less than<0.20.2
C. H0:p equals=0.20.2
HA: p greater than>0.20.2
D.The assumptions and conditions are not met, so the test cannot proceed.
Determine the z-test statistic. Select the correct choice below and, if necessary, fill in the answer box to complete your choice.
A. z equals=nothing
(Round to two decimal places as needed.)
B. The assumptions and conditions are not met, so the test cannot proceed.
Find the P-value. Select the correct choice below and, if necessary, fill in the answer box to complete your choice.
A. P-value equals=nothing
(Round to four decimal places as needed.)
B. The assumptions and conditions are not met, so the test cannot proceed.
Given,
p : proportion of current readers would subscribe
Hypothesized proportion of current readers would subscribe : po = 20/100 = 0.20
The magazine plans to go ahead only if it is convinced that more than 20% of current readers would subscribe i.e if p >0.20
Sample size : n= 400
Number current subscribers who expressed interest : x = 102
Sample Proportion of subscribers who expressed interest : = x/n = 102/400= 0.255
= 1- = 1-0.255 = 0.745
As n = 102 > and n= 298 > 5 ; The assumptions and the conditions to perform a one-proportion z-test are met
Are the assumptions and the conditions to perform aone-proportion z-test met?
Yes
State the null and alternative hypotheses. Choose the correct answer below.
C. Ho:p=0.2
HA: p >0.2
Right Tailed test
Determine the z-test statistic
z-test statistic = 2.75
A. z equals= 2.75
Find the P-value.
For right tailed test
p-value = 0.003
A. P-value equals=0.003