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Confidence in banks: A poll conducted asked a random sample of 1358 adults in the United States how much confidence they had in banks and

Confidence in banks: A poll conducted asked a random sample of

1358

adults in the United States how much confidence they had in banks and other financial institutions. A total of

149

adults said that they had a great deal of confidence. An economist claims that less than

13%

of U.S. adults have a great deal of confidence in banks. Can you conclude that the economist's claim is true? Use both

=0.10

and

=0.01

levels of significance and the

P

-value method with the TI-84 Plus calculator.

Part: 0 / 5

0 of 5 Parts Complete

Part 1 of 5

(a) State the appropriate null and alternate hypotheses.

:H0

:H1

This hypothesis test is a (Choose one) test.

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