Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Find the answer This Question: 1 pt According to a reputable magazine, the dropout rate for all college students with loans is 30%. Suppose that

Find the answer

image text in transcribed
This Question: 1 pt According to a reputable magazine, the dropout rate for all college students with loans is 30%. Suppose that 70 out of 200 random college students with loans drop out. Complete parts (a) and (b) below. Click the icon to view a graphical technology output for this situation. a. Give the null and alternative hypotheses to test that the dropout rate is not 30%. Ho: P = 0.30 Ha: P # 0.30 (Type integers or decimals. Do not round.) b. Report the test statistic (z) from the output given 2= (Type an integer or a decimal, Round to four decimal places as needed.) i Technology Output - X 1-PropZTest Z= 1.5430 P= 0.1228 Print Done Enter your answer in each of the answer boxes. Type here to search

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Partial Differential Equations For Scientists And Engineers

Authors: Stanley J Farlow

1st Edition

0486134733, 9780486134734

More Books

Students also viewed these Mathematics questions