A publisher reports that 45% of their readers own a personal computer. A marketing executive wants to test the claim that the percentage is actually over the reported percentage. A random sample of 410 found that 48% of the readers owned a personal computer. Is there sufficient evidence at the 0.05 level to support the executive’s claim?
Answer: Given Data:Hypothesized Population Proportion $ (p) = 0.45 $The Sample Proportion $ (\hat{p}) = 0.48 $The Sample Size $ (n) = 410 $ The Level of significance $ (\alpha) = 0.05 $ Solution:The null and alternative hypothesis: $ H_0:…