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Members of the millennial generation are continuing to be dependent on their parents (either living with or otherwise receiving support from parents) into early adulthood.
Members of the millennial generation are continuing to be dependent on their parents (either living with or otherwise receiving support from parents) into early adulthood. A family research organization has claimed that, in past generations, no more than 35% of individuals aged 18 to 32 continued to be dependent on their parents. Suppose that a sample of 400 individuals aged 18 to 32 showed that 175 of them continue to be dependent on their parents. A) Construct a 97% confidence interval for the proportion of millennials continuing to be dependent on their parents. B) Develop hypotheses for a test to determine whether the proportion of millennials continuing to be dependent on their parents is the same as past generations. Use alpha =0.06
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