The Congressional Budget Office reports that 36% of federal civilian employees have a bachelor's degree or higher (The Wall Street Journal). A random sample of 116 employees in the private sector showed that 32 have a bachelor's degree or higher. Does this indicate that the percentage of employees holding bachelor's degrees or higher in the private sector is less than in the federal civilian sector? Use α = 0.05. (a) What is the level of significance? What is the value of the sample test statistic? (Round your answer to two decimal places.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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Chapter10: Statistics
Section10.1: Measures Of Center
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The Congressional Budget Office reports that 36% of federal civilian employees have a bachelor's degree or higher (The Wall Street Journal). A random sample of 116 employees in the private sector showed that 32 have a bachelor's degree or higher. Does this indicate that the percentage of employees holding bachelor's degrees or higher in the private sector is less than in the federal civilian sector? Use α = 0.05.

(a) What is the level of significance?

What is the value of the sample test statistic? (Round your answer to two decimal places.)

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