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Do a majority of U.S. adults believe raising the minimum wage will help the economy, or is there a majority who do not believe this?
Do a majority of U.S. adults believe raising the minimum wage will help the economy, or is there a majority who do not believe this? A survey of 1,000 U.S. adults found that 43% believe it will help the economy. Conduct an appropriate hypothesis test to help answer the research question. (Use a signicance level of 0.05.) State the null and alternative hypotheses. (Enter != for 1 as needed.) H0: HA: Determine the test statistic. (Round your answer to two decimal places.) [:1 Determine the p-value. (Round your answer to four decimal places.) What is your conclusion? 0 Fail to reject H0. There is sufcient evidence to conclude either a majority of U.S. adults believe raising the minimum wage will help the economy, or a majority don't believe this. 0 Reject H0. There is insufficient evidence to conclude either a majority of U.S. adults believe raising the minimum wage will help the economy, or a majority don't believe this. 0 Reject H0. There is sufcient evidence to conclude either a majority of U.S. adults believe raising the minimum wage will help the economy, or a majority don't believe this. 0 Fail to reject H0. There is insufcient evidence to conclude either a majority of U.S. adulis believe raising the minimum wage will help the economy, or a majority don't believe this. You mav need to use the appropriate appendix table or technolociv to answer this ouestion
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