In a recent year, 73% of firstyear college students responding to a national survey identified being very well-off financially as an important personal goal. A state university finds that 132 of an SRS of 200 of its first-year students say that this goal is important. Is there convincing evidence at the a = 0.05 significance level that the proportion of all first-year students at this university who think being very well-off is important differs from the national value, 73%?
In a recent year, 73% of firstyear college students responding to a national survey identified being very well-off financially as an important personal goal. A state university finds that 132 of an SRS of 200 of its first-year students say that this goal is important. Is there convincing evidence at the a = 0.05 significance level that the proportion of all first-year students at this university who think being very well-off is important differs from the national value, 73%?
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
Problem 8CR
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In a recent year, 73% of firstyear college students responding to a national survey identified being very well-off financially as an important personal goal. A state university finds that 132 of an SRS of 200 of its first-year students say that this goal is important. Is there convincing evidence at the a = 0.05 significance level that the proportion of all first-year students at this university who think being very well-off is important differs from the national value, 73%?
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