Question
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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