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Statistics Suppose a random sample of 120 companies taken in 2006 showed that 14 offered high-deductible health insurance plans to their workers. A separate random

Statistics

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Suppose a random sample of 120 companies taken in 2006 showed that 14 offered high-deductible health insurance plans to their workers. A separate random sample of 110 firms tak 2007 showed that 29 offered high-deductible health insurance plans to their workers. Based on the sample results, can you conclude that there is a higher proportion of companies offe high-deductible health insurance plans to their workers in 2007 than in 2006? Conduct your hypothesis test at a level of significance a = 0.01. Let p, be the population proportion from 2007, and let p, be the population proportion from 2006. Identify the null and alternative hypotheses. Choose the correct answer below. O A. Ho: P1- P2

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