According to a Pew Research Center nationwide telephone survey of American adults conducted by phone between March 15 and April 24, 2011, 75% of adults said that college education has become too expensive for most people and they cannot afford it (Time, May 30, 2011). Suppose that this result is true for the 2011 population of American adults. In a recent poll of 1570 American adults, 1160 said that college education has become too expensive for most people and they cannot afford it. Using a 1% significance level, perform a test of hypothesis to determine whether the current percentage of American adults who will say that college education has become too expensive for most people and they cannot afford it is lower than 75%. Use both the p-value and the critical-value approaches. Round your answers for the observed value of z and the critical value of z to two decimal places, and the p-value to four decimal places. Zobserved = p-value = Critical value = We can conclude that the current percentage of American adults who will say that college education has become too expensive for most people and they cannot afford it is v 75%.
According to a Pew Research Center nationwide telephone survey of American adults conducted by phone between March 15 and April 24, 2011, 75% of adults said that college education has become too expensive for most people and they cannot afford it (Time, May 30, 2011). Suppose that this result is true for the 2011 population of American adults. In a recent poll of 1570 American adults, 1160 said that college education has become too expensive for most people and they cannot afford it. Using a 1% significance level, perform a test of hypothesis to determine whether the current percentage of American adults who will say that college education has become too expensive for most people and they cannot afford it is lower than 75%. Use both the p-value and the critical-value approaches. Round your answers for the observed value of z and the critical value of z to two decimal places, and the p-value to four decimal places. Zobserved = p-value = Critical value = We can conclude that the current percentage of American adults who will say that college education has become too expensive for most people and they cannot afford it is v 75%.
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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