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[See Solution] According to a local chamber of commerce, in 1993, 5.9% of local area residents owned more than five cars. A local car dealer claims that the


Question: According to a local chamber of commerce, in 1993, 5.9% of local area residents owned more than five cars. A local car dealer claims that the percentage has decreased. He randomly selects 180 local area residents and finds that 12 of them own more than five cars. Test this car dealer's claim at the α = 0.05 level of significance.

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Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document


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