Set up the two competing hypotheses

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Suppose you run the advertising department for a large hotel chain. You are interested in the proportion of your guests who make reservations using your hotel's website. A study was done that included responses from 600 randomly sampled requests, of which 55% said they register using the hotel website. If the true proportion were 50% or less, what is the probability your sample data would produce a sample proportion of 55% or higher?

Set up the two competing hypotheses and provide a statistical conclusion statement at a 2% level of significance for the results.

Reference no: EM132248444

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