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Federal trade commission report to consumer fraud

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Reference no: EM132465122

According to the february 2008 federal Trade commission report to consumer fraud and identity theft, 23% of all companies in 2007 were for identity theft. In that year, Alaska had 321 complaints of identity theft out of 1,432 consumer complaints('consumer fraud and," 2008). Does this data provide enough evidence to show that Alaska had a lower proportion of identity theft than 23%. State the random variable, population parameter, and hypotheses.

Reference no: EM132465122

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