According to a 2017 Pew Research Center report, 37% of adults aged 18 to 29 had student
Question:
According to a 2017 Pew Research Center report, 37% of adults aged 18 to 29 had student loan debt. Suppose in a random sample of adults from this age group 48 out of 120 had student loan debt.
a. Give the null and alternative hypotheses to test that the student loan rate is not 37%.
b. Report the test statistic (z) from the output given.
Transcribed Image Text:
NORMAL FLOAT AUTO REAL RADIAN MP 1-PropzTest 2=8.6807 p=0.4961
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (12 reviews)
a Here we need to te...View the full answer
Answered By
Pius Imwene
Hello, I am an expert in statistics, I can teach mathematics up to graduation level. I will explain each and every step until the student satisfy. I am expert in an Ordinary differential equations, Laplace transforms, Complex analysis, linear algebra, etc. my first job is to realize the problem to the student and how it is solved by an easy method. I will teach in such a manner so that students can understand the solutions and steps. My Handwriting is very good that's means I can solve homework problem on paper. I will try to provide the maximum possible score or grade to the student. My best expertise are statistics, Linear algebra, Calculus 1,2,3,4, Multivariable Calculus, Discrete Mathematics, etc.
0.00
0 Reviews
10+ Question Solved
Related Book For
Introductory Statistics Exploring The World Through Data
ISBN: 9780135163146
3rd Edition
Authors: Robert Gould, Rebecca Wong, Colleen N. Ryan
Question Posted:
Students also viewed these Mathematics questions
-
According to a 2017 Pew Research Center report on voting issues, 59% of Americans feel that the everything should be done to make it easy for every citizen to vote. Suppose a random sample of 200...
-
In an April 18, 2010 Pew Research Center report entitled Distrust, Discontent, Anger and Partisan RancorThe People and Their Government, 2505 U.S. adults were asked, Which is the bigger problem with...
-
A survey of adults aged 18 and older conducted by Princess Cruises asked how many days into your vacation does it take until you feel truly relaxed (USA today, August 24, 2011). The responses were as...
-
The CEO of Amazon, has publicly questioned the advisability of granting patents for business processes such as his companys 1-Click ordering process. Do such patents put a chilling effect on the...
-
In Section 4.8 we considered Newton's method for approximating a root r of the equation f(x) = 0, and from an initial approximation we obtained successive approximations x2, x3, ...., where Use...
-
The data setTornadoes_2017 located at www.pearsonhighered.com/ sullivanstats contains a variety of variables that were measured for all tornadoes in the United States in 2017. (a) Determine the range...
-
For what types of reason does the marginal revenue product differ between workers in different jobs?
-
Skie Incorporated had the following transactions involving current assets and current liabilities during February 2012. Feb. 3 Collected accounts receivable of $15,000. 7 Purchased equipment for...
-
You have been asked to estimate the beta of a high-technology firm which has three divisions with the following characteristics. Division Personal Computers Software Computer Mainframes Beta Market...
-
Forrest runs Y Not Flowers, Inc. (YNF), a wholesale flower distributor with stores in several major metropolitan areas of the U.S. He is considering expanding his business, but he thinks his current...
-
According to Green Car Reports, 4.4% of cars sold in California in 2017 were hybrid cars. Suppose in a random sample of 500 recently sold cars in California 18 were hybrid. a. Write the null and...
-
An economist is testing the hypothesis that the employment rate for law school graduates is different from 86.7%. The economist is using a 5% significance level and these hypotheses: H 0 : p = 0.867...
-
In Exercises sketch the curve represented by the parametric equations (indicate the orientation of the curve), and write the corresponding rectangular equation by eliminating the parameter. x = 2 +...
-
Assume Phipps Chips, a fictious snack company, makes artisan potato chips in a variety of flavors. The company sells 12-ounce bags of a variety of flavors in grocery store chains such as Whole Foods...
-
With the growing complexity of managing worldwide supply chains, coupled with significant pressures to reduce cost at the firm level, supply managers must learn to manage the inherent risks of global...
-
CVS Case Discussion In 2002, CVS assembled a team of operations executives and managers for its Pharmacy Service Initiative (PSI). Although CVS was one of America's largest retail drugstores,...
-
Reasoning Can you factor the expression 2x^(2)+15x+9 ? Explain why or why not.
-
Given the volume of a cuboid can be represented by the expression 5x(15-2x)^(2). Calculate the volume of the cuboid.
-
What sequence of pseudorandom numbers is generated using the linear congruential generator xn+1 = (3xn + 2) mod 13 with seed x0 = 1?
-
Orange juice producers are dismayed and puzzled. An economist told them that the reason the demand for orange juice fell is that a new technology allow tomato producers to pick ripe tomatoes more...
-
Suppose the new drug is hypothesized to yield a fracture rate of 2.5% over a 4-year period. How many subjects need to be studied to have an 80% chance of detecting a significant difference between...
-
What is the 25th percentile of a 2 distribution with 20 degrees of freedom? What symbol is used to denote this value?
-
Suppose we wish to test the hypothesis H 0 : = 2 vs. H 1 : 2. We find a two-sided p-value of .03 and a 95% CI for of (1.5, 4.0). Are these two results possibly compatible? Why or why not?
-
PART 1 1 - From our chapter, what can web, mobile and social advertising provide? 2 - Give an example of the last social media ad you saw, or scroll until you find one. Give 2-3 points, using what...
-
opic - "Understanding Global Cultures and Buyer Behavior" Learning outcome - As an outcome of this assignment, the student should be able to identify and describe, using examples: what culture is...
-
Relevant costs. Com Plex Hospital is trying to decide whether to add a new outpatient surgery to its wide mix of services. The surgery would be done in an existing OR and would require no remodeling....
Study smarter with the SolutionInn App