SOLUTION: A survey investigatinng whether the proportion of today's high school seniors who own their own car is higher than it was a decade ago finds a P-value of 0.017. Is it a reasonable

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Question 467034: A survey investigatinng whether the proportion of today's high school seniors who own their own car is higher than it was a decade ago finds a P-value of 0.017. Is it a reasonable to conclude that more high schoolers have cars?Explain!
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
A survey investigating whether the proportion of today's high school seniors who own their own car is higher than it was a decade ago finds a P-value of 0.017. Is it a reasonable to conclude that more high schoolers have cars?Explain!
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What would Ho be ?
Ho: p <= previous proportion
Ha: p > previous proportion
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If p-value = 0.017, we fail to reject Ho at the 1% level of significance.
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Answer to the question: No
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Cheers,
Stan H.