Journal investigation of the performance

Reference no: EM1392146

A business journal investigation of the performance and timing of corporate acquisitions discovered that in a random sample of 2,863 firms, 848 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 27% Use a = 0.10 to make your decision.

Reference no: EM1392146

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