Question: Confidence in banks: A poll conducted asked a random sample of 1276 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 1276 adults in the United States how much confidence they had in banks and other financial institutions. A total of 150 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 condence in banks. Can you conclude that the economist's claim is true? Use both CL : 0.01 and 0! : 0.05 levels of signicance and the P-value method with the TI84 Plus calculator. Part 1 of5 (a) State the appropriate null and alternate hypotheses. lep::014l n m=n -:n p lep-

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