question archive A report from the National Center for Education Statistics claims that more than two-thirds of undergraduates get some form of financial aid

A report from the National Center for Education Statistics claims that more than two-thirds of undergraduates get some form of financial aid

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A report from the National Center for Education Statistics claims that more than two-thirds of undergraduates get some form of financial aid. You take a random sample of 400 undergraduates from the U.S. and find that 302 receive some form of financial aid. Test the claim at a = 0.05. Use this scenario to answer questions 11-15. 1 1) State the alternative and null hypothesis. 12) Calculate the test statistic. 13) Identify the p-value. 14) Make your decision. 15) Interpret the results. 250% of children age 10

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