Is college worth it? Part I. Among a simple random sample of 331 American adults who do not have a four- year college degree and are not currently enrolled in school, 48% said they decided not to go to college because they could not afford school. A newspaper article states that only a minority of the Americans who decide not to go to college do so because they cannot afford it and uses the point estimate from this survey as evidence. Conduct a hypothesis test to determine if these data provide strong evidence supporting this statement. Write the hypotheses for this test. Ho:p ? HA:P ? What is the p-value? (Round to four decimal places, if necessary. If '<0.0001 enter 0.)

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Is college worth it? Part I. Among a simple random sample of 331 American adults who do not have a four-
year college degree and are not currently enrolled in school, 48% said they decided not to go to college
because they could not afford school. A newspaper article states that only a minority of the Americans who
decide not to go to college do so because they cannot afford it and uses the point estimate from this survey
as evidence. Conduct a hypothesis test to determine if these data provide strong evidence supporting this
statement.
Write the hypotheses for this test.
Ho:p ?
HA:P?
What is the p-value?
(Round to four decimal places, if necessary. If '<0.0001
enter 0.)
Transcribed Image Text:Is college worth it? Part I. Among a simple random sample of 331 American adults who do not have a four- year college degree and are not currently enrolled in school, 48% said they decided not to go to college because they could not afford school. A newspaper article states that only a minority of the Americans who decide not to go to college do so because they cannot afford it and uses the point estimate from this survey as evidence. Conduct a hypothesis test to determine if these data provide strong evidence supporting this statement. Write the hypotheses for this test. Ho:p ? HA:P? What is the p-value? (Round to four decimal places, if necessary. If '<0.0001 enter 0.)
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