Question: Confidence in banks: A poll conducted asked a random sample of 1342 adults in the United States how much confidence they had in banks and

 Confidence in banks: A poll conducted asked a random sample of

Confidence in banks: A poll conducted asked a random sample of 1342 adults in the United States how much confidence they had in banks and other financial institutions. A total of 143 adults said that they had a great deal of confidence. An economist claims that less than 14% 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 = 0.10 and a = 0.01 levels of significance and the P-value method with the TI-84 Plus calculator. Part 1 of 5 (a) State the appropriate null and alternate hypotheses. Ho: P = 0.14 H1: p

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