6.16 1s college worth it? Part 1: Among a simple randon sample of 331 American a

Question

6.16 1s college worth it? Part 1: Among a simple randon sample of 331 American adults who do not have a four-year college degree and are not currently enrolled in school, 48% said they decided not to go to college because they could not afford school (a) A newspaper article states that only a minority of the Americans who decide not to go to college do so because they cannot afford it and uses the point estimate from this survey as evidence. Conduct a hypothesis test to determine if these data provide strong evidence supporting this statement. The hypotheses for this test are Ha: p> .5 Ha: p*.5 The test statistic is: 0.73 What is the conclusion of the hypothesis test? (please round to two decimal places) The p-value associated with this hypothesis test is: 0.7673 (please round to four decimal places) Since p > ? we do not have enough evidence to reject the null hypothesis OSince p a we accept the null hypothesis OSince pa we reject the null hypothesis and accept the alternative Since p ? we reject the null hypothesis and accept the alternative OSince pca we fail to reject the null hypothesis Interpret the result of the test in the context of this study and article: The data do not provide sufficient evidence to claim that only a minority of Americans who choose not to go to college do so because they cannot afford it OThe data provide sufficient evidence to claim that only a minority of Americans who choose not to go to college do so because they cannot afford it

Explanation / Answer

for above test statistic and left tailed test ; p value for given test =0.2327 (as test statisic is on the left tail)

( please revert for any clarifciaiton required)

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