Question: A simple random sample is conducted of 1486 college students who are seeking bachelors degrees, and it includes 802 who earned bachelors degrees within five

A simple random sample is conducted of 1486 college students who are seeking bachelor’s degrees, and it includes 802 who earned bachelor’s degrees within five years. Use a 0.01 significance level to test the claim that most college students earn bachelor’s degrees within five years.

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