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Confidence in banks: A news poll conducted in2012 asked a random sample of1259 adults in the United States how much confidence they had in banks

Confidence in banks:A news poll conducted in2012

asked a random sample of1259 adults in the United States how much confidence they had in banks and other financial institutions. A total of154

adults said that they had a great deal of confidence. An economist claims that more than13% of U.S. adults have a great deal of confidence in banks. Can you conclude that the economist's claim is true? Use both the = 0.01 and = 0.05levels of significance and theP-valuemethod with the table.

State the appropriate null and alternate hypotheses.

H0 =

H1 =

This hypothesis test is a(blank) test. (right-tailed, left-tailed, two-tailed)

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