In: Statistics and Probability
The Institute of Education Sciences measures the high school dropout rate as the percentage of 16-through 24-year-olds who are not enrolled in school and have not earned a high school credential. Last year, the high school dropout rate was 8.1%. A polling company recently took a survey of 400 people between the ages of 16 and 24 and found that 26 of them are high school dropouts. The polling company would like to determine whether the dropout rate has decreased. Let α = 0.01. What is the decision?
Group of answer choices
Fail to reject Ho; we can conclude that the high school dropout rate has decreased.
Reject Ho; we can conclude that the high school dropout rate has decreased.
Reject Ho; we cannot conclude that the high school dropout rate has decreased
Fail to reject Ho; we cannot conclude that the high school dropout rate has decreased.
## Q ) The Institute of Education Sciences measures the high school dropout rate as the percentage of 16-through 24-year-olds who are not enrolled in school and have not earned a high school credential. Last year, the high school dropout rate was 8.1%. A polling company recently took a survey of 400 people between the ages of 16 and 24 and found that 26 of them are high school dropouts. The polling company would like to determine whether the dropout rate has decreased. Let α = 0.01. What is the decision?
Group of answer choices
Answer : Correct option is :
Fail to reject Ho; we cannot conclude that the high school dropout rate has decreased.