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.

Question

Rebecca Moyer

Mathematics

24 June, 17:32

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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Ayden Shaffer · Answer 1

They should go on to launch the online edition

Step-by-step explanation:

Total surveyed = 400

A = accept if 15% above subscribes

B = reject if subscribers are less than 15%

on the survey it is clearly stated that 67 expressed interest.

lets get 16% of total survey

= 15% x 400

= 60.

Since number of subscribers that showed interest is greater than number 15%

Hence the company can go ahead to launch the online edition

Accept A