A student believes that less than 50% of students at his college receive financial aid. A random
Question:
A student believes that less than 50% of students at his college receive financial aid. A random sample of 120 students was taken. Sixty-five percent of the students in the sample receive financial aid. Test the hypothesis at the 2% level of significance. What are the p-value and conclusion?
a. .50; Reject H0
b. .999; Do not reject H0
c. 3.29; Do not reject H0
d. .02; Reject H0
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b 999 Do not reject H0 The null and alternative hypothesis are H 0 p 050 H 1 P 050 Level ...View the full answer
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Related Book For
Introductory Statistics Exploring The World Through Data
ISBN: 9780321978271
2nd Edition
Authors: Robert Gould, Colleen Ryan
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