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Mathematics, 22.04.2020 00:26 smuqtadir124

A magazine is considering the launch of an online edition. The magazine plans to go ahead only if it is convinced that more than 15% of current readers would subscribe. The magazine contacted a simple random sample of 400 current subscribers, and 67 of those surveyed expressed interest. What should the company do? Test appropriate hypotheses and state your conclusion.

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