Question 2 Not yet answered Marked out of 10.00 Flag question A recent article in the Daily Telegraph newspaper reported that only one in five new college graduates are able to obtain a job. The reason stated is that there is an overabundance of college graduates and a recession due to Coronavirus. A survey of 250 college graduates revealed that 77 had jobs. Using a significance level of a=0.05, conduct a hypothesis test to examine if a larger proportion of college graduates have jobs than the newspapers claim. (a)State the null hypothesis and the alternate hypothesis. HO: IT S 0.20 ; H1: It > 0.20 # (b)State the decision rule for 0.05 significance level. (State your answer to 2 decimal places) Reject Ho if z is > (c)Compute the value of the test statistic. (State your answer to 2 decimal places) Test Statistic = (d) Testing at the 0.05 level of significance whether the proportion of college graduates that have jobs is larger than the newspapers claim. * Ho. There is * evidence to conclude that a larger proportion of college graduates have jobs than the newspapers claim