In the 1991 Census of Agriculture, 26.7% of all farms had gross farm receipts over $100,000. In

Question:

In the 1991 Census of Agriculture, 26.7% of all farms had gross farm receipts over $100,000. In a more recent sample of 75 farms, 23 had that level of gross income. Using the 0.01 level of significance, test the claim that the proportion of farms with gross farm receipts over $100,000 is greater than it was in 1991.