Question 21, Multiple choice below. 21. The financial aid director of a large college reports that 38% of the students enrolled are receiving some sort of financial aid. A researcher claims the percentage is lower and finds (from sampling) 29 out of 116 students are receiving some sort of financial aid. At alpha = 0.05, decide whether the financial aid director's report that 38% of the students are receiving some sort of financial aid holds up. For question #21 (multiple choice), choose the alternative hypothesis. For #22, fill in the space provided with your calculated value for p hat. For question #23, fill in the space provided with your calculated z-value from the information provided. For #24, answer True or False with regard to rejecting the null hypothesis.
Question 21, Multiple choice below.
21. The financial aid director of a large college reports that 38% of the students enrolled are receiving some sort of financial aid. A researcher claims the percentage is lower and finds (from sampling) 29 out of 116 students are receiving some sort of financial aid. At alpha = 0.05, decide whether the financial aid director's report that 38% of the students are receiving some sort of financial aid holds up.
For question #21 (multiple choice), choose the alternative hypothesis.
For #22, fill in the space provided with your calculated value for p hat.
For question #23, fill in the space provided with your calculated z-value from the information provided.
For #24, answer True or False with regard to rejecting the null hypothesis.
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