Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You may need to use the appropriate appendix table or technology to answer this question. In a certain year, 27% of people aged 6569 worked.
You may need to use the appropriate appendix table or technology to answer this question. In a certain year, 27% of people aged 6569 worked. Suppose that a recent report claimed that the peroentage of people aged 6569 who work has increased since that year. The ndings reported were consistent with taking a sample of 600 people aged 6569 and nding that 180 ofthem were working. (a) Develop a point estimate of the proportion of people aged 65769 who are working. : (h) Set up a hypothesis test so that the rejection of HD will allow you to conclude that the proportion of people aged 65769 working has increased in recent years. H:p 0.27 :p20.27 :p 0.27 0 Ha: p S 0.27 J (c) Conduct your hypothesis test using a : 0.05. What is your oonclusiori? Find the value of the test statistic. (Round your answer to two decimal places.) : Find the p7value. (Round your answerto four decimal plaoes.) State you r conclusion. @ Reject \"0' We can oonclude that the proportion of people aged 65769 who work has increased In recent years. 0 Reject \"0' We cannot conclude that the proportion of people aged 65769 who work has increased in recent years. 0 Do not reject \"0' We can conclude that the proportion of people aged 6569 who work has Increased in recent years. 0 Do not reject \"0- We cannot conclude that the proportion of people aged 65769 who work has increased in reoent years
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started