Question: A hypotheiss test is to be conducted using the claim that the proportion of students who obtained the financial aids in college in the U.S.
A hypotheiss test is to be conducted using the claim that the proportion of students who obtained the financial aids in college in the U.S. is equal to 30%. A recent survey from the Metropolitan State University showed that 40% of the students obtained the financial aids. Answer the questions 1-3:
3. If the p-value for the hypothesis test is 0.5, what conclusion can we make?
Question 3 options:
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