An investigation discovered that in a random sample of 3,544 firms, 1240 announced one or more acquisitions during the year 2016. Does the sample provide sufficient evident to indicate that the true percentage of all firms that announced one or more acquisitions during the year 2016 is greater than 30%? Use α = .05
Provide Null & Alternative Hypotheses
Test Statistic
Rejection, Show on bell curve
P value- if distribution is used
Decision wether to reject to not reject null
Conclusion