Question: (a) State the appropriate null and alternate hypotheses. This hypothesis test is a test. Confidence in banks: A poll conducted asked a random sample of

(a) State the appropriate null and alternate hypotheses. This hypothesis test is a test.

Confidence in banks: A poll conducted asked a random sample of 1268 adults in the United States how much confidence they had in banks and other financial institutions. A total of 144 adults said that they had a great deal of confidence. An economist claims that less than 11 % of U.S. adults have a great deal of confidence in banks. Can you conclude that the economist's claim is true? Use both a. = 0.05 and o = 0.10 levels of significance and the P-value method with the TI-84 Plus calculator. Part: 0 / 5 Part 1 of 5 (a) State the appropriate null and alternate hypotheses. HO : '_' O

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