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 235 high school seniors in his random sample, 188 believe that "getting rich" is an important goal. Can he conclude, at the 0.01 level of significance, that the proportion has indeed changed? Perform a two-tailed test. Then complete the parts below.

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
Problem 8CR
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Topic Video
Question
(a) State the null hypothesis 
H0
 and the alternative hypothesis 
H1
.
H0:
H1:
(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?
 
Yes 
 
No
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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 235 high school seniors in his random sample, 188 believe that "getting
rich" is an important goal. Can he conclude, at the 0.01 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 and round your answers as specified in the table. (If necessary, consult a list of
formulas.)
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 235 high school seniors in his random sample, 188 believe that "getting rich" is an important goal. Can he conclude, at the 0.01 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 and round your answers as specified in the table. (If necessary, consult a list of formulas.)
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