A decade-old study found that the proportion, p, of high school seniors who believed that "getting rich" was an important personal goal was 75%. A researcher decides to test whether or not that percentage still stands. He finds that, among the 215 high school seniors in his random sample, 179 believe that "getting rich" is an important goal. Can he conclude, at the 0.01 level of significance, that the proportion has indeed changed?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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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 75%. A researcher
decides to test whether or not that percentage still stands. He finds that, among the 215 high school seniors in his random sample, 179 believe that "getting
rich" is an important goal. Can he conclude, at the 0.01 level of significance, that the proportion has indeed changed?
Perform a two-tailed test. Then complete the parts below.
Carry your intermediate computations to three or more decimal places. (If necessary, consult a list of formulas.)
(a) State the null hypothesis Ho and the alternative hypothesis H₁.
H₁ : p = 0.75
H₁ :p 0.75
(b) Determine the type of test statistic to use.
Z
(c) Find the value of the test statistic. (Round to three or more decimal places.)
0
(d) Find the p-value. (Round to three or more decimal places.)
0
(e) Can we conclude that the proportion of high school seniors who believe that
"getting rich" is an important goal has changed?
OYes No
3
X
09
O
S
X
0#0 0<0
р
0=0 OSO 020
<Q
믐
Ś
>O
Transcribed Image Text:A decade-old study found that the proportion, p, of high school seniors who believed that "getting rich" was an important personal goal was 75%. A researcher decides to test whether or not that percentage still stands. He finds that, among the 215 high school seniors in his random sample, 179 believe that "getting rich" is an important goal. Can he conclude, at the 0.01 level of significance, that the proportion has indeed changed? Perform a two-tailed test. Then complete the parts below. Carry your intermediate computations to three or more decimal places. (If necessary, consult a list of formulas.) (a) State the null hypothesis Ho and the alternative hypothesis H₁. H₁ : p = 0.75 H₁ :p 0.75 (b) Determine the type of test statistic to use. Z (c) Find the value of the test statistic. (Round to three or more decimal places.) 0 (d) Find the p-value. (Round to three or more decimal places.) 0 (e) Can we conclude that the proportion of high school seniors who believe that "getting rich" is an important goal has changed? OYes No 3 X 09 O S X 0#0 0<0 р 0=0 OSO 020 <Q 믐 Ś >O
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