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:
a)

Reject H0. There is sufficient evidence to support the claim that the proportion of students who obtained the financial aids in college in the U.S. is equal to 30%.

b)

Reject H0. There is insufficient evidence to support the claim that the proportion of students who obtained the financial aids in college in the U.S. is equal to 30%

c)

Fail to reject H0. There is sufficient evidence to warrant rejection of the claim that the proportion of students who obtained the financial aids in college in the U.S. is equal to 30%

d)

Fail to reject H0. There is insufficient evidence to warrant the rejection of the claim thatthe proportion of students who obtained the financial aids in college in the U.S. is equal to 30%

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