In: Statistics and Probability
Many colleges are encouraged to offer tuition waivers for their
employees. However, one watch-group claims that less than
45% of colleges in the U.S. offer tuition waivers for
their employees. There are currently 5,300 colleges in the U.S. Two
hundred colleges were randomly selected and asked if they offer
tuition waivers for their employees. Only 65 colleges stated that
they offered tuition waivers for their employees.
Use a 0.01 level of significance to test the watch-group's
claim.
Round all answers to 4 decimal places.
Test Statistic =
p-value =
Reject the null hypothesis (yes/no)
Is there sufficient evidence to support the watch-group's claim that less than 45% of colleges offer tuition waivers to their employees (yes/no)?