[Step-by-Step] The marketing department has historical information that says that 70 \% of all people surveyed would respond positively to the question "Do you
Question: The marketing department has historical information that says that \(70 \%\) of all people surveyed would respond positively to the question "Do you prefer a TV with a screen ratio design that is significantly greater than 4:3?" As we can see from the last question, this time there was a total of 72 of the 100 people who responded positively to this question. At the 0.05 level of significance has there been a significant increase in the proportion of people who would now respond positively to the same question?
- State the Null and Alternative Hypotheses.
- Determine the test statistic.
- Determine the \(p\) -value.
- Interpret the results (decision and summary).
Deliverable: Word Document 