A decade-old study found that the proportion of high school seniors who felt that "getting rich" was an important personal goal was 67%. Suppose that we have reason to believe that this proportion has changed, and we wish to carry out a hypothesis test to see if our belief can be supported. State the null hypothesis H, and the alternative hypothesis H, that we would use for this test.

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.3: Binomial Probability
Problem 2E: If a binomial experiment has probability p success, then the probability of failure is...
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A decade-old study found that the proportion of high school seniors who
felt that "getting rich" was an important personal goal was 67%. Suppose
that we have reason to believe that this proportion has changed, and we
wish to carry out a hypothesis test to see if our belief can be supported.
State the null hypothesis H, and the alternative hypothesis H, that we
would use for this test.
Ho: 0
H1: 0
O=0
Transcribed Image Text:A decade-old study found that the proportion of high school seniors who felt that "getting rich" was an important personal goal was 67%. Suppose that we have reason to believe that this proportion has changed, and we wish to carry out a hypothesis test to see if our belief can be supported. State the null hypothesis H, and the alternative hypothesis H, that we would use for this test. Ho: 0 H1: 0 O=0
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