21 Only 14% of registered voters voted in the last election. Will voter participation change for the upcomingelection? Of the 344 randomly selected registered voters surveyed, 55 of them will vote in the upcomingelection. What can be concluded at the a = 0.01 level of significance?a. For this study, we should use Select an answerb. The null and alternative hypotheses would be:Ho: ?v Select an answer v(please enter a decimal)H: ?vSelect an answer v(Please enter a decimal)c. The test statistic ? v =(please show your answer to 3 decimal places.)d. The p-alue =(Please show your answer to 4 decimal places.)e. The p-value is ? vaf. Based on this, we should Select an answer v the null hypothesis.g. Thus, the final conclusion is that ...O The data suggest the populaton proportion is significantly different from 14% at a = 0.01, sothere is statistically significant evidence to conclude that the the percentage of all registeredvoters who will vote in the upcoming election will be different from 14%.O The data suggest the population proportion is not significantly different from 14% at a = 0.01,so there is statistically insignificant evidence to conclude that the percentage of registeredvoters who will vote in the upcoming election will be different from 14%.O The data suggest the population proportion is not significantly different from 14% at a = 0.01,so there is statistically significant evidence to conclude that the percentage of registeredvoters who will vote in the upcoming election will be equal to 14%.

Only 14% of registered voters voted in the last election. Will voter participation change for the upcoming election? Of the 344 randomly selected registered voters surveyed, 55 of them will vote in the upcoming election. What can be concluded at the a = 0.01 level of significance? a. For this study, we should use Select an answer b. The null and alternative hypotheses would be: Ho: ?v Select an answer (please enter a decimal) H: ? Select an answer (Please enter a decimal) c. The test statistic ? v (please show your answer to 3 decimal places.)

Only 14% of registered voters voted in the last election. Will voter participation change for the upcoming election? Of the 344 randomly selected registered voters surveyed, 55 of them will vote in the upcoming election. What can be concluded at the a = 0.01 level of significance? a. For this study, we should use Select an answer b. The null and alternative hypotheses would be: Ho: ?v Select an answer (please enter a decimal) H: ? Select an answer (Please enter a decimal) c. The test statistic ? v (please show your answer to 3 decimal places.)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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