Mathematics, 18.01.2021 14:00 Kataklusmos

The survey described in the previous exercise also asked the individuals in the sample what they thought was their best chance to obtain more than $500,000 in their lifetimes. Twenty-eight percent responded "win a lottery or sweepstakes." Does this provide convincing evidence that more than one-fourth of U. S. adults see a lottery or sweepstakes win as their best chance of accumulating $500,000? Carry out a test using a significance level of 0.01.

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The survey described in the previous exercise also asked the individuals in the sample what they tho...