According to the Forbes website (www.forbes.com), in 2012, more than 32% of all U.S. employees chose to

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According to the Forbes website (www.forbes.com), in 2012, more than 32% of all U.S. employees chose to participate in an employer sponsored 401(k) retirement plan. Suppose researchers at a university in Georgia sampled employees in Atlanta with the aim of testing the Forbes claim. The results of the survey can be found in the file Atlanta Retirement. Based on the survey results, can the researchers conclude that the participation rate for employees in Atlanta is higher than 32%? Conduct your analysis at the 0.025 level of significance.

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Business Statistics A Decision Making Approach

ISBN: 9780134496498

10th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry

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