A random sample of 104 marketing vice presidents from large Fortune 500 corporations was questioned on future
Question:
Of those sample members, 50 indicated some measurement of agreement with this statement: Firms will concentrate their efforts more on cash flow than on profits.
What is the lowest level of significance at which the null hypothesis, which states that the true proportion of all such executives who would agree with this statement is one-half, can be rejected against a two-sided alternative?
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Related Book For
Statistics For Business And Economics
ISBN: 9780132745659
8th Edition
Authors: Paul Newbold, William Carlson, Betty Thorne
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