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Research at a university indicates that 60% of the students change their major area of study after their first year in a program. A random
Research at a university indicates that 60% of the students change their major area of study after their first year in a program. A random sample of 150 students in business revealed that 98 had changed their major area of study after their first year of the program. Has there been a significant decrease in the proportion of students who change their major after the first year in this program? a. Specify the hypotheses that are tested. b.Find the test statistics and p-value. Interpret it, and make a decision about HO (null hypothesis), using an alpha = 0.05
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