Mathematics, 24.03.2021 02:40 Serenitybella
URGENT! (State, Plan, Do, Conclude full significance test) A software company is trying to decide whether to produce an upgrade of one of its programs. Customers would have to pay $100 for the upgrade. For the upgrade to be profitable, the company must sell it to more than 20% of its customers. Yu contact a random sample of 60 customers and find that 16 would be willing to pay $100 for the upgrade. Do the sample data give convincing evidence that more than 20% of the company’s customers re willing to purchase the upgrade? Carry out an appropriate test at the α = 0.05 significance level.
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URGENT! (State, Plan, Do, Conclude full significance test)
A software company is trying to decide w...
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