Statistical question: Is the proportion of inner-city families living on a subsistence income: 20%? Two hundred families were randomly selected for the survey and 38 were found to have income at the subsistence level. Use the formal critical value method at 5% level of significance. Remember to show your steps (including all relevant information) and explicitly verify that all assumptions of the procedure are satisfied. show the steps on hhow to solve it

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Statistical question: Is the proportion of inner-city families living on a subsistence income:
20%? Two hundred families were randomly selected for the survey and 38 were found to have
income at the subsistence level. Use the formal critical value method at 5% level of
significance.
Remember to show your steps (including all relevant information) and explicitly verify that all
assumptions of the procedure are satisfied.

show the steps on hhow to solve it

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