The Congressional Budget Office reports that 36% of federal civilian employees have a bachelor's degree or higher (The Wall Street Journal) random sample of 118 employees in the private sector showed that 31 have a bachelor's degree or higher. Does this indicate that the percentage of employees holding bachelor's degrees or higher in the private sector is less than in the federal civilian sector? Use a = 0.05. What are we testing in this problem? O single mean O single proportion (a) What is the level of significance? State the null and alternate hypotheses. O Ho: p = 0.36; H1: p < 0.36 O Ho: p = 0.36; Hi: p 0.36 %3D Ο H0: μ - 0.36; Η: μ> 0.36 O Ho: H = 0.36; H1: µ < 0.36 O Ho: p = 0.36; H1: p > 0.36 %3D Ο H0: μΕ 0.36; H1: μ+ 0.36 (b) What sampling distribution will you use? What assumptions are you making? O The Student's t, since np < 5 and ng < 5. O The Student's t, since np > 5 and ng > 5. O The standard normal, since np > 5 and ng > 5. O The standard normal, since np < 5 and ng < 5. What is the value of the sample test statistic? (Round your answer to two decimal places.) (c) Find (or estimate) the P-value. O P-value > 0.250 O 0.125 < P-value < 0.250 O 0.050 < P-value < 0.125 O 0.025 < P-value < 0.050 O 0.005 < P-value < 0.025 O P-value < 0.005

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The Congressional Budget Office reports that 36% of federal civilian employees have a bachelor's degree or higher (The Wall Street Journal). A
random sample of 118 employees in the private sector showed that 31 have a bachelor's degree or higher. Does this indicate that the
percentage of employees holding bachelor's degrees or higher in the private sector is less than in the federal civilian sector? Use a = 0.05.
What are we testing in this problem?
O single mean
O single proportion
(a) What is the level of significance?
State the null and alternate hypotheses.
О Но: р %3D 0.36;B Hi: р < 0.36
О Но: р 3D 0.36;B Hi: ри 0.36
Ο Hg: μ= 0.36; H1: μ> 0.36
O Ho: u = 0.36; H1: µ < 0.36
О Но: р 3D 0.36;B Hi: р> 0.36
O Ho: u = 0.36; H1: µ 0.36
(b) What sampling distribution will you use? What assumptions are you making?
O The Student's t, since np < 5 and ng < 5.
O The Student's t, since np > 5 and ng > 5.
The standard normal, since np > 5 and ng > 5.
O The standard normal, since np < 5 and ng < 5.
What is the value of the sample test statistic? (Round your answer to two decimal places.)
(c) Find (or estimate) the P-value.
O P-value > 0.250
O 0.125 < P-value < 0.250
0.050 < P-value < 0.125
O 0.025 < P-value < 0.050
O 0.005 < P-value < 0.025
O P-value < 0.005
Transcribed Image Text:The Congressional Budget Office reports that 36% of federal civilian employees have a bachelor's degree or higher (The Wall Street Journal). A random sample of 118 employees in the private sector showed that 31 have a bachelor's degree or higher. Does this indicate that the percentage of employees holding bachelor's degrees or higher in the private sector is less than in the federal civilian sector? Use a = 0.05. What are we testing in this problem? O single mean O single proportion (a) What is the level of significance? State the null and alternate hypotheses. О Но: р %3D 0.36;B Hi: р < 0.36 О Но: р 3D 0.36;B Hi: ри 0.36 Ο Hg: μ= 0.36; H1: μ> 0.36 O Ho: u = 0.36; H1: µ < 0.36 О Но: р 3D 0.36;B Hi: р> 0.36 O Ho: u = 0.36; H1: µ 0.36 (b) What sampling distribution will you use? What assumptions are you making? O The Student's t, since np < 5 and ng < 5. O The Student's t, since np > 5 and ng > 5. The standard normal, since np > 5 and ng > 5. O The standard normal, since np < 5 and ng < 5. What is the value of the sample test statistic? (Round your answer to two decimal places.) (c) Find (or estimate) the P-value. O P-value > 0.250 O 0.125 < P-value < 0.250 0.050 < P-value < 0.125 O 0.025 < P-value < 0.050 O 0.005 < P-value < 0.025 O P-value < 0.005
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