document.write( "Question 1176455: Is college worth it? Part I: Among a simple random sample of 331 American adults who do not have a four-year college degree and are not currently enrolled in school, 48% said they decided not to go to college because they could not afford school. \r
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document.write( "(a) A newspaper article states that only a minority of the Americans who decide not to go to college do so because they cannot afford it and uses the point estimate from this survey as evidence. Conduct a hypothesis test to determine if these data provide strong evidence supporting this statement.
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document.write( "The hypotheses for this test are:
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document.write( "Ho: p = .5
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document.write( "Ha: p < .5\r
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document.write( "The test statistic is: (please round to two decimal places)
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document.write( "The p-value associated with this hypothesis test is: Incorrect (please round to four decimal places) \n" );
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Algebra.Com's Answer #803600 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! the test statistic is a z=(p hat-p)/sqrt(p(1-p)/n) \n" ); document.write( "=-.02/sqrt(.25/331) \n" ); document.write( "=-0.73 \n" ); document.write( "p-value is z <-0.73 or 0.2334 \n" ); document.write( "The calculator will give a slightly different answer, because one has to calculate 48% of 331 which is 159 to the nearest integer (dealing with people), not the 158.88 mathematically. \n" ); document.write( " \n" ); document.write( " |