Mathematics, 04.04.2020 05:57 Nitziaruiz1
A business journal investigation of the performance and timing of corporate acquisitions discovered that in a random sample of 2,684 firms, 715 announced one or more acquisitions during the year 2000. Does the sample provide sufficient evidence to indicate that the true percentage of all firms that announced one or more acquisitions during the year 2000 is less than 29%? Use alpha equals0.05 to make your decision.
Calculate the value of the z-statistic for this test.
Answers: 1
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