An e-commerce research company claims that 60% or more graduate students have bought merchandise on-line. A consumer group is suspicious of the claim and thinks that the proportion is lower than 60%. A random sample of 80 graduate students show that only 22 students have ever done so. Is there enough evidence to show that the true porportion is lower than 60%? Use a significance of .05. Show your null and alternative hypotheses, your p-value and state your conclusion in context of the problem.

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Required solution is given below Solution p 2280 p 0275 State the hypotheses The first step is to st... View the full answer