A decade-old study found that the proportion, p, of high school seniors who believed that "getting rich" was an important personal goal was 80%. A researcher decides to test whether or not that percentage still stands. He finds that, among the 240 high school seniors in his random sample, 193 believe that "getting rich" is an important goal. Can he conclude, at the 0.1 level of significance, that the proportion has indeed changed?

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A decade-old study 

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A decade-old study found that the proportion, p, of high school seniors who believed that "getting rich" was an important personal goal was 80%. A researcher
decides to test whether or not that percentage still stands. He finds that, among the 240 high school seniors in his random sample, 193 believe that "getting
rich" is an important goal. Can he conclude, at the 0.1 level of significance, that the proportion has indeed changed?
Perform a two-tailed test. Then fill in the table below.
Carry your intermediate computations to at least three decimal places and round your answers as specified in the table. (If necessary, consult a list of formulas.)
H.
The null hypothesis:
H
The alternative hypothesis:
D=D0
OSO
O20
The type of test statistic:
(Choose one)
The value of the test statistic:
(Round to at least three
decimal places.)
The two critical values at the
0.1 level of significance:
| and
(Round to at least three
decimal places.)
Save For Later
Submit Assignment
O 2020 McGraw-Hill Education. All Rights Reserved. Terms of Use I Privacy Accessibility
6:
11,
e here to search
B
P.
Transcribed Image Text:7. 10 =11 =12 =13 =14 15 =16 =17 =18 19 20 A decade-old study found that the proportion, p, of high school seniors who believed that "getting rich" was an important personal goal was 80%. A researcher decides to test whether or not that percentage still stands. He finds that, among the 240 high school seniors in his random sample, 193 believe that "getting rich" is an important goal. Can he conclude, at the 0.1 level of significance, that the proportion has indeed changed? Perform a two-tailed test. Then fill in the table below. Carry your intermediate computations to at least three decimal places and round your answers as specified in the table. (If necessary, consult a list of formulas.) H. The null hypothesis: H The alternative hypothesis: D=D0 OSO O20 The type of test statistic: (Choose one) The value of the test statistic: (Round to at least three decimal places.) The two critical values at the 0.1 level of significance: | and (Round to at least three decimal places.) Save For Later Submit Assignment O 2020 McGraw-Hill Education. All Rights Reserved. Terms of Use I Privacy Accessibility 6: 11, e here to search B P.
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