An advertising company claims that 80 % of stores that use their advertisements show increased sales. A

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An advertising company claims that 80 % of stores that use their advertisements show increased sales. A random sample of 100 stores that used the company’s advertisements reveals that 80 showed increased sales.

Test, at the 5 % level of significance, whether at least 75 % of stores using the advertisements had increased sales.

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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