A new cream advertises that it can reduce wrinkles and improve skin. In a recent study, a sample of 64 women over the age of 50 used the new cream for 6 months. Of those 64 women, 58 of them reported skin improvement (as judged by a dermatologist). Is this evidence that the cream will improve the skin of more than 60% of women over the age of 50? Test using α=0.01.
Question