View the step-by-step solution to:

A decade-old study found that the proportion, , of high school seniors who believed that &quot;getting rich&quot; was an important personal goal was ....

A decade-old study found that the proportion, , of high school seniors who believed that "getting rich" was an important personal goal was . A researcher decides to test whether or not that percentage still stands. He finds that, among the high school seniors in his random sample, believe that "getting rich" is an important goal. Can he conclude, at the level of significance, that the proportion has indeed changed?

Perform a two-tailed test. Then fill in the table below.

What is the null hypothesis? What is the alternative hypothesis?
What is the type of test statistic? What is the degree of freedom (if applicable)?
What is the value of the test statistic (rounded to at least three decimal places)?
What is the p-value (rounded to at least three decimal places)?

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
• -

Study Documents

Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

Browse Documents