A study identified Bridgeport, Connecticut, San Jose, California, Washington, D.C., and Lexington Park, Maryland as the four U.S. cities with the highest percentage of millionaires. The following data show the following number of millionaires for samples of individuals from each of the four cities.MillionaireCityBridgeport, CTSan Jose, CAWashington, D.C.Lexington Park, MDYes43343533No457266365367(a)What is the estimate of the percentage of millionaires in each of these cities? (Round your answers to two decimal places.)Bridgeport, CT %San Jose, CA %Washington, D.C. %Lexington Park, MD % Find the value of the test statistic. (Round your answer to three decimal places.) Find the p-value. (Round your answer to four decimal places.)p-value =

Name: A study identified Bridgeport, Connecticut, San Jose, California, Wash
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Description: A study identified Bridgeport, Connecticut, San Jose, California, Washington, D.C., and Lexington Park, Maryland as the four U.S. cities with the highest percentage of millionaires. The following data show the following number of millionaires for sam

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Answered: A study identified Bridgeport,…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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A study identified Bridgeport, Connecticut, San Jose, California, Washington, D.C., and Lexington Park, Maryland as the four U.S. cities with the highest percentage of millionaires. The following data show the following number of millionaires for samples of individuals from each of the four cities.

Millionaire	City
Bridgeport, CT	San Jose, CA	Washington, D.C.	Lexington Park, MD
Yes	43	34	35	33
No	457	266	365	367

(a)

What is the estimate of the percentage of millionaires in each of these cities? (Round your answers to two decimal places.)

Bridgeport, CT %

San Jose, CA %

Washington, D.C. %

Lexington Park, MD %

Find the value of the test statistic. (Round your answer to three decimal places.)

Find the p-value. (Round your answer to four decimal places.)

p-value =

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