A decade-old study found that the proportion, p, of high school seniors who believed that "getting rich" was an important personal goal was 75%. A researcher decides to test whether or not that percentage still stands. He finds that, among the 220 high school seniors in his random sample, 173 believe that "getting rich" is an important goal. Can he conclude at th 0.05 level of significance, that the proportion has indeed changed? Perform a two-tailed test. Then complete the parts below. Carry your intermediate computations to three or more decimal places. (If necessary, consult a list of formulas.) (a) State the null hypothesis H, and the alternative hypothesis H₁. H :O : (b) Determine the type of test statistic to use. (Choose one) ▼ (c) Find the value of the test statistic. (Round to three or more decimal places.) μ |x X 0=0 D S P □口

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
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A decade-old study found that the proportion, p, of high school seniors who believed that "getting rich" was an important
personal goal was 75%. A researcher decides to test whether or not that percentage still stands. He finds that, among the
220 high school seniors in his random sample, 173 believe that "getting rich" is an important goal. Can he conclude at the
0.05 level of significance, that the proportion has indeed changed?
Perform a two-tailed test. Then complete the parts below.
Carry your intermediate computations to three or more decimal places. (If necessary, consult a list of formulas.)
(a) State the null hypothesis Ho and the alternative hypothesis H₁ .
H₂₁:0
Ho
H₁ :0
(b) Determine the type of test statistic to use.
(Choose one)
(c) Find the value of the test statistic. (Round to three or more decimal places.)
(d) Find the p-value. (Round to three or more decimal places.)
(e) Can we conclude that the proportion of high school seniors who believe that
"getting rich" is an important goal has changed?
O Yes O No
H
X
5:
O
00
X
<a
0=0 OSO 020
8
=<D >O
S
Transcribed Image Text:A decade-old study found that the proportion, p, of high school seniors who believed that "getting rich" was an important personal goal was 75%. A researcher decides to test whether or not that percentage still stands. He finds that, among the 220 high school seniors in his random sample, 173 believe that "getting rich" is an important goal. Can he conclude at the 0.05 level of significance, that the proportion has indeed changed? Perform a two-tailed test. Then complete the parts below. Carry your intermediate computations to three or more decimal places. (If necessary, consult a list of formulas.) (a) State the null hypothesis Ho and the alternative hypothesis H₁ . H₂₁:0 Ho H₁ :0 (b) Determine the type of test statistic to use. (Choose one) (c) Find the value of the test statistic. (Round to three or more decimal places.) (d) Find the p-value. (Round to three or more decimal places.) (e) Can we conclude that the proportion of high school seniors who believe that "getting rich" is an important goal has changed? O Yes O No H X 5: O 00 X <a 0=0 OSO 020 8 =<D >O S
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