In: Statistics and Probability
A headline read, “More than half of Americans Say Federal Taxes Too High.” The headline was based on a random sample of 1026 adult Americans in which 534 stated the amount of federal tax they have to pay is too high.
a. State the null and alternative hypotheses.
b. Check whether np0(1-p0) is greater or equal to 10.
c. Manually calculate the test statistic.
d. Find p-value.