Question: =+10.78 The same survey described in Exercise 10.77 also asked the individuals in the sample what they thought was their best chance to obtain more

=+10.78 The same survey described in Exercise 10.77 also asked the individuals in the sample what they thought was their best chance to obtain more than $500,000 in their lifetime. Twenty-eight percent responded “win a lottery or sweepstakes.” Does this provide convincing evidence that more than one-fourth of U.S. adults see a lottery or sweepstakes win as their best chance of accumulating $500,000?

Carry out a test using a significance level of .01.

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