SOLUTION: A decade-old study found that the proportion of high school seniors who felt that "getting rich" was an important personal goal was 74%. Suppose that we have reason to believe that

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Question 905032: A decade-old study found that the proportion of high school seniors who felt that "getting rich" was an important personal goal was 74%. Suppose that we have reason to believe that this proportion has changed, and we wish to carry out a hypothesis test to see if our belief can be supported. State the null hypothesis H 0 and the alternative hypothesis H 1 that we would use for this test.
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
Ho: p = .74 (claim)
Ha: p ≠ .74