Question
A survey was conducted to determine attitudes about inheritance from adults of different ages. A random sample of 90 adults age 72 or older found
A survey was conducted to determine attitudes about inheritance from adults of different ages. A random sample of 90 adults age 72 or older found that 24 of them agree that parents have a duty to leave an inheritance to their children. A random sample of 135 baby boomers (ages 47-66) found that 22 of them agree that parents have a duty to leave an inheritance to their children. Define Population 1 as adults age 72 or older and Population 2 as baby boomers. Use the p-value approach to test the hypothesis that a difference exists in the proportion of adults that agree with this statement with = 0.05. a) State the Hypothesis . b) Construct a 95% confidence interval for the difference in population proportions. c) Calculate the P - value and interpret the results {Show your work)
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