Question: A decade-old study found that the proportion of high school seniors who felt that getting rich was an important personal goal was 68 % .

A decade-old study found that the proportion of high school seniors who felt that "getting rich" was an important personal goal was 68%. Suppose that we have reason to believe that this proportion has changed, and we wish to carry out a hypothesis test to see if our belief can be supported. State the null hypothesis H0 and the alternative hypothesis H1 that we would use for this test.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!