Question: The same survey described in the previous exercise also asked

The same survey described in the previous exercise also asked the individuals in the sample what they thought was their best chance to obtain more than $500,000 in their lifetime. Twenty-eight percent responded “win a lottery or sweepstakes.” Does this provide convincing evidence that more than one-fourth of U.S. adults see a lottery or sweepstakes win as their best chance of accumulating $500,000? Carry out a test using a significance level of .01.

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  • CreatedSeptember 19, 2015
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