Problem

A publisher reports that 43% of their readers own a particular make of car. A marketing executive wants to test the claim that the percentage is actually under the reported percentage. A random sample of 100 found that 35% of the readers owned a particular make of car. Is there sufficient evidence at the 0.05 level to support the executive's claim?

Step 7 of 7: State the conclusion of the hypothesis test.
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There is not enough evidence to support the executive's claim at the 0.05 level.

Steps

Step 1 :State the null hypothesis: H0:p=0.43

Step 2 :State the alternative hypothesis: H1:p<0.43

Step 3 :Calculate the standard error: SE=p(1p)n

Step 4 :Calculate the z-score: z=p^pSE

Step 5 :Find the p-value corresponding to the z-score

Step 6 :Compare the p-value to the significance level α=0.05

Step 7 :There is not enough evidence to support the executive's claim at the 0.05 level.

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