Decision regarding the null hypothesis

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A tire company makes the claim that at least 70% of its customers believed that their car performed better after installing its tires. A sample of 100 customers showed that 60% believed that their car performed better. If the company's claim is to be tested, determine the value of the test statistic and state your decision regarding the null hypothesis. Test at a significance level of 5%.

Reference no: EM132191937

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