In a recent poll six hundred adults were asked a series of questions about the state of

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In a recent poll six hundred adults were asked a series of questions about the state of the economy and their children's future. One question was, "do you expect your children to have a better life than you have had, a worse life, or a life about the same as yours?" The responses showed 242 better, 310 worse, and 48 about the same. Use the sign test and α =.05 to determine whether there is a difference between the number of adults who feel their children will have a better life compared to a worse life. What is your conclusion?
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Statistics For Business & Economics

ISBN: 9781305585317

13th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran

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