A property developer proposed to construct a new shopping centre in an environmentally sensitive area. It was
Question:
A property developer proposed to construct a new shopping centre in an environmentally sensitive area. It was believed 80% of residents in the community were opposed to the development. The developer therefore decided to undertake an extensive advertising campaign in order to try to get popular support for the project. The campaign focused heavily on promoting the many community benefits the shopping centre would deliver. After a period of time, another survey was conducted by randomly selecting a sample of 125 residents, with 70% of residents indicating they supported the construction of the shopping centre. Is there sufficient evidence to conclude the proportion of residents opposed to the construction of the shopping centre decreased? Use a 1% level of significance.
Step by Step Answer:
Business Analytics And Statistics
ISBN: 9780730363330
1st Edition
Authors: Ken Black, John Asafu Adjaye, Paul Burke, Nelson Perera, Carl Sherwood, Saleh A. Wasimi