6.16 Is college worth it? Part I. Among a simple random sample of 331 American adultswho do not have a four-year college degree and are not currently enrolled in school, 48% said theydecided not to go to college because they could not afford school. "(a) A newspaper article states that only a minority of the Americans who decide not to go tocollege do so because they cannot afford it and uses the point estimate from this surveyas evidence. Conduct a hypothesis test to determine if these data provide strong evidencesupporting this statement.(b) Would you expect a confidence interval for the proportion of American adults who decide notto go to college because they cannot afford it to include 0.5? Explain.(c) find the p-value for the test in (a).

sample size, n = 331 American adults Point estimate : p^ = 0.48 a) Minority of students means…

Answered: 6.16 Is college worth it? Part I. Among…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Please answer the following question using *********EXCEL******
it is assumed that a production process may produce some defective items. it is found that 12 item are defective out of 100 randomly selected items. What is the point estimate of the population production of non-defective item of this production process? a. 0.12 b. 0.92 c. 0.08 d. 0.88

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