You may need to use the appropriate appendix table or technology to answer this question. In a recent poll 600 adults were asked a series of questions about the state of the economy and their children's future. One question was, "do you expect your children to have a better life than you have had, a worse life, or a life about the same as yours?" Suppose the responses showed 244 better, 314 worse, and 42 about the same. Use the sign test and α = 0.05 to determine whether there is a difference between the number of adults who feel their children will have a better life compared to a worse life. State the null and alternative hypotheses. (Let p = the proportion of adults who feel their children will have a better life.) Ho: p = = 0.50 Hap = 0.50 Hoi p<0.50 Ha p = 0.50 Ho: p = 0.50 Hp=0.50 Hoips 0.50 Hip > 0.50 a Hip ≥ 0.50 H: p<0.50 Find the value of the test statistic. (Round your answer to two decimal places.) z = Find the p-value. (Round your answer to four decimal places.) p-value = What is your conclusion? Do not reject Ho. There is sufficient evidence to conclude that there is a significant difference between the number of adults who feel their children will have a better life compared to a worse life. Do not reject Ho. There is not sufficient evidence to conclude that there is a significant difference between the number of adults who feel their children will have a better life compared to a worse life. Reject Ho. There is not sufficient evidence to conclude that there is a significant difference between the number of adults who feel their children will have a better life compared to a worse life. Reject Ho There is sufficient evidence to conclude that there is a significant difference between the number of adults who feel their children will have a better life compared to a worse life.

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Need the test statistic and p-value only thank u
You may need to use the appropriate appendix table or technology to answer this question.
In a recent poll 600 adults were asked a series of questions about the state of the economy and their children's future. One
question was, "do you expect your children to have a better life than you have had, a worse life, or a life about the same as
yours?" Suppose the responses showed 244 better, 314 worse, and 42 about the same. Use the sign test and α = 0.05 to
determine whether there is a difference between the number of adults who feel their children will have a better life compared to a
worse life.
State the null and alternative hypotheses. (Let p = the proportion of adults who feel their children will have a better life.)
Ho: p =
= 0.50
Hap = 0.50
Hoi p<0.50
Ha p = 0.50
Ho: p = 0.50
Hp=0.50
Hoips 0.50
Hip > 0.50
a
Hip ≥ 0.50
H: p<0.50
Find the value of the test statistic. (Round your answer to two decimal places.)
z =
Find the p-value. (Round your answer to four decimal places.)
p-value =
What is your conclusion?
Do not reject Ho. There is sufficient evidence to conclude that there is a significant difference between the number of adults
who feel their children will have a better life compared to a worse life.
Do not reject Ho. There is not sufficient evidence to conclude that there is a significant difference between the number of
adults who feel their children will have a better life compared to a worse life.
Reject Ho. There is not sufficient evidence to conclude that there is a significant difference between the number of adults
who feel their children will have a better life compared to a worse life.
Reject Ho
There is sufficient evidence to conclude that there is a significant difference between the number of adults who
feel their children will have a better life compared to a worse life.
Transcribed Image Text:You may need to use the appropriate appendix table or technology to answer this question. In a recent poll 600 adults were asked a series of questions about the state of the economy and their children's future. One question was, "do you expect your children to have a better life than you have had, a worse life, or a life about the same as yours?" Suppose the responses showed 244 better, 314 worse, and 42 about the same. Use the sign test and α = 0.05 to determine whether there is a difference between the number of adults who feel their children will have a better life compared to a worse life. State the null and alternative hypotheses. (Let p = the proportion of adults who feel their children will have a better life.) Ho: p = = 0.50 Hap = 0.50 Hoi p<0.50 Ha p = 0.50 Ho: p = 0.50 Hp=0.50 Hoips 0.50 Hip > 0.50 a Hip ≥ 0.50 H: p<0.50 Find the value of the test statistic. (Round your answer to two decimal places.) z = Find the p-value. (Round your answer to four decimal places.) p-value = What is your conclusion? Do not reject Ho. There is sufficient evidence to conclude that there is a significant difference between the number of adults who feel their children will have a better life compared to a worse life. Do not reject Ho. There is not sufficient evidence to conclude that there is a significant difference between the number of adults who feel their children will have a better life compared to a worse life. Reject Ho. There is not sufficient evidence to conclude that there is a significant difference between the number of adults who feel their children will have a better life compared to a worse life. Reject Ho There is sufficient evidence to conclude that there is a significant difference between the number of adults who feel their children will have a better life compared to a worse life.
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