A recent article reported that a job awaits only one in three new college graduates. The...

A recent article reported that a job awaits only one in three new college graduates. The major reasons given were an overabundance of college graduates and a weak economy. A survey of 200 recent graduates from your school revealed that 80 students had jobs. At the .01 significance level, can we conclude that a different proportion of students at your school have jobs? Use critical value approach.

Solutions

Expert Solution

Conclusion

It is concluded that the null hypothesis Ho is not rejected. Therefore, there is not enough evidence to claim that

a different proportion of students at your school have jobs at the .01 significance level,

orchestra answered 1 year ago

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