Is college worth it?
Part I: Among a simple random sample of 331 American adults who do...
Mathematics, 06.04.2020 23:11 zafarm2oxgpmx
Is college worth it?
Part I: Among a simple random 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 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.
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