Question
It is believed that the proportion of women in the real estate profession is 65%. A local real estate group believes that this percentage is
It is believed that the proportion of women in the real estate profession is 65%.
A local real estate group believes that this percentage is higher.
The real estate group chooses a random sample of 80 real estate agents and found that 54 are female.
They carry out a test of significance at the 10% level to test this claim.
What is the appropriate conclusion?
Select one:
a.
There is not enough information given to complete the problem.
b.
The percentage of women in the real estate profession is significantly higher than 65%.
c.
Reject H0. Evidence shows that the percentage of women in the real estate profession is higher than 65%.
d.
Do not reject H0. There is not enough evidence to show that the percentage of women in the real estate profession is higher than 65%.
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