A poll of 1.250 adults in the United States asked how much confidence they had in banks. A total of 196 adults said they had a great deal of confidence. An economist claims that less than 25% of U.S adults have a great deal of confidence in banks. Can you conclude the economist's claim is true? Use 0.05 level of significance. Use P method, list all steps.
A poll of 1.250 adults in the United States asked how much confidence they had in banks. A total of 196 adults said they had a great deal of confidence. An economist claims that less than 25% of U.S adults have a great deal of confidence in banks. Can you conclude the economist's claim is true? Use 0.05 level of significance. Use P method, list all steps.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A poll of 1.250 adults in the United States asked how much confidence they had in banks. A total of 196 adults said they had a great deal of confidence. An economist claims that less than 25% of U.S adults have a great deal of confidence in banks. Can you conclude the economist's claim is true? Use 0.05 level of significance. Use P method, list all steps.
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