Problem
Per consumer reports, less than 60% of cars are kept by the orginal owners for more than 5 years. GM, Ford and Chysler conducted a simple random sample and found that 75% of cars are kept by the original owners. Is the consumer reports study correct?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.