A researcher read that the median age for viewers of the Carson Daly show is 39. To test the claim, 75 viewers were surveyed, and 27 were under the age of 39. At α = 0.02 test the claim. Give one reason why an advertiser might like to know the results of this study.
Perform these steps.
a. State the hypotheses and identify the claim.
b. Find the critical value(s).
c. Compute the test value.
d. Make the decision.
e. Summarize the results.
Use the traditional method of hypothesis testing unless otherwise specified.