A study sponsored by the American Savings Education Councilt included data from a survey of 1752 people age 19 to 39. One of the survey questions asked participants how satisfied they were with their current financial situation. Suppose you want to determine if the survey data provides convincing evidence that fewer than 10% of adults age 19 to 39 are very satisfied with their current financial situation. With p = the proportion of adults age 19 to 39 who are very satisfied with their financial situation, what hypotheses should you test? Ho: p = 0.1 versus H: p + 0.1 Ho: p = 0.1 versus H: p < 0.9 Ho: p = 0.9 versus H,: p> 0.9 Ho: p = 0.1 versus H,: p < 0.1 O Ho: p = 0.1 versus H,: p> 0.1

A study sponsored by the American Savings Education Councilt included data from a survey of 1752 people age 19 to 39. One of the survey questions asked participants how satisfied they were with their current financial situation. Suppose you want to determine if the survey data provides convincing evidence that fewer than 10% of adults age 19 to 39 are very satisfied with their current financial situation. With p = the proportion of adults age 19 to 39 who are very satisfied with their financial situation, what hypotheses should you test? Ho: p = 0.1 versus H: p + 0.1 Ho: p = 0.1 versus H: p < 0.9 Ho: p = 0.9 versus H,: p> 0.9 Ho: p = 0.1 versus H,: p < 0.1 O Ho: p = 0.1 versus H,: p> 0.1

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.6: Summarizing Categorical Data

Problem 4BGP

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