Of a random sample of 100 college students, 35 expected to achieve a higher standard of living

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Of a random sample of 100 college students, 35 expected to achieve a higher standard of living than their parents, 43 expected a lower standard of living, and 22 expected about the same standard of living as their parents. Do these data present strong evidence that, for the population of students, more expect a lower standard of living compared with their parents than expect a higher standard of living?
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Statistics For Business And Economics

ISBN: 9780132745659

8th Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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