Calculate the value of the test statistic


Historically, the publisher of Golf Illustrated has found that 62% of its subscribers renew their subscriptions. Because of the advent of the Internet and cable television, the publisher is concerned that the proportion of subscribers who renew their subscriptions may be declining. The publisher selects a random sample of 200 subscribers and finds that 108 plan to renew their subscriptions. Use (a=0.005). p = the population of subscribers to Golf Illustrated who renew. Compute the value of the test statistic.

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Basic Statistics: Calculate the value of the test statistic
Reference No:- TGS0113119

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