In a random sample of 472 owners of small businesses that had gone into bankruptcy, 352 reported

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In a random sample of 472 owners of small businesses that had gone into bankruptcy, 352 reported conducting no marketing studies prior to opening the business. Test the hypothesis that at most 70% of all members of this population conducted no marketing studies before opening their businesses. Use a = 0.05.

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Statistics For Business And Economics

ISBN: 9781292315034

9th Global Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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