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A decade-old study found that the proportion of high school seniors who felt that getting rich was an important personal goal was70 % .Suppose that
A decade-old study found that the proportion of high school seniors who felt that "getting rich" was an important personal goal was70
%
.Suppose that we have reason to believe that this proportion has changed, and we wish to carry out a hypothesis test to see if our belief can be supported. State the null hypothesisH
0
and the alternative hypothesisH
1
that we would use for this test.
H
0
:
H
1
:
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