SOLUTION: A decade-old study found that the proportion, , of high school seniors who believed that "getting rich" was an important personal goal was . A researcher decides to test whether or

Algebra ->  Probability-and-statistics -> SOLUTION: A decade-old study found that the proportion, , of high school seniors who believed that "getting rich" was an important personal goal was . A researcher decides to test whether or      Log On


   



Question 622890: A decade-old study found that the proportion, , of high school seniors who believed that "getting rich" was an important personal goal was . A researcher decides to test whether or not that percentage still stands. He finds that, among the high school seniors in his random sample, believe that "getting rich" is an important goal. Can he conclude, at the level of significance, that the proportion has indeed changed?
Perform a two-tailed test. Then fill in the table below.
Carry your intermediate computations to at least three decimal places and round your answers as specified in the table. (If necessary, consult a list of formulas.)

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