A publisher reports that 42%42% of their readers own a particular make of car. A marketing executive wants to test the claim that the percentage is actually different from the reported percentage. A random sample of 250250 found that 35%35% of the readers owned a particular make of car. Find the value of the test statistic. Round your answer to two decimal places.

Step-by-step explanation:

Data given and notation  

n=250 represent the random sample taken

estimated proportion of readers owned a particular make of car

is the value that we want to test

z would represent the statistic (variable of interest)

represent the p value (variable of interest)  

Concepts and formulas to use  

We need to conduct a hypothesis in order to test the claim that that the percentage is actually different from the reported percentage.:  

Null hypothesis:  

Alternative hypothesis:  

When we conduct a proportion test we need to use the z statistic, and the is given by:  

(1)  

The One-Sample Proportion Test is used to assess whether a population proportion is significantly different from a hypothesized value .

Calculate the statistic  

Since we have all the info requires we can replace in formula (1) like this:  

360/29

step-by-step explanation: