Assume that 12.5% of veterans nationwide have a master’s degree. A staffing agency in Los Angeles that helps veterans look for employment claims that the proportion of veterans in southern California that have a master’s degree is larger than the national proportion. A simple random sample of 120 veterans was selected in the LA area and 18 said that they had a master’s degree. Test the agency’s claim at the α = 0.05 level of significance. Assume requirements have been verified. Hypotheses: Find the test statistic and P-value: State calculator function. Round test statistic to 2 decimals and the p-value to 4 decimals. Conclusion in terms of the context.

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