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What is the p-value for the test

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Reference no: EM131094165

A major newspaper is considering to launch an online edition. The newspaper plans to go ahead only if at least 30% of current readers would subscribe. The newspaper surveyed a random sample of 400 current readers, and 130 of those express interest.

1. What should the newspaper do? Use appropriate test and state the assumption(s).

2. What is the P-value for the test you have conducted in part a?

Reference no: EM131094165

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