Question
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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