Question: A magazine called WebZine is considering the launch of an
A magazine called WebZine is considering the launch of an online edition. The magazine plans to go ahead only if it’s convinced that more than 25% of current readers would subscribe. The magazine contacts a simple random sample of 500 current subscribers, and 137 of those surveyed expressed interest. What should the magazine do? Test an appropriate hypothesis and state your conclusion. Be sure the appropriate assumptions and conditions are satisfied before you proceed.
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