A professor wished to study whether the percentage of Americans that graduate from college has increased. Ten years, ago, 25% of Americans graduated from college. This year, a random sample had a college graduation rate of 28%. When the professor calculated her hypothesis test at significance level 0.05, she obtained a p-value of 0.21. What should she conclude?

There is not sufficient evidence to conclude that the percentage of Americans that graduate from college has increased at the 0.05 level of significance.

Explanation:

Sample size, n = not given

Sample Proportion , P = 25%

Hypothesized proportion , P= 28%

p-value = 0.21

The level of significance = α = 0.05

Null hypothesis, H0: P = 28

Alternative hypothesis, Ha: P >28

To determine whether to reject or accept, we would use the decision rule:

If p-value is less than or equal to level of significance, reject the null hypothesis.

If p-value is not less than or not equal to level of significance, do not reject the null hypothesis.

Since p-value is greater than level of significance, we would accept the null hypothesis.

0.21 < 0.05

Conclusion:

There is not sufficient evidence to conclude that the percentage of Americans that graduate from college has increased at the 0.05 level of significance.

this story was prepared by jim

mccullaugh in los angeles and

al stewart in new york.

new york the colossal success of "top gun" appears to have dramatically altered madison avenue's

perception of corporate sponsorship

of home video projects.

the paramount home video re- lease, featuring a 60- second diet

pepsi spot, was by no means the

first prerecorded video to carry an advertiser's plug, but it was the

first major theatrical release to do so. in the aftermath of the title's

success, paramount is widely ex- pected to ink a similar deal for

"crocodile dundee" or "star trek

iv" or both.

corporate america's new attraccds push british

recording sales

to 19% gain

london fueled by the compact

disk boom, the value of u.k. manu- facturer shipments of recordings

rose 19% in the 12 -month period ended march 1987, according to the

british phonographic industry.

total value of u.k. shipments for

the period was $755 million for all

configurations. (all value figures

are based on an exchange rate of

$1.68 to the pound sterling.)

cd sales totaled 10.7 million units

worth $121.3 million- compared

with 3.7 million units worth $39.5

million in the prior 12 months -and

accounted for two -thirds of the

overall gain in trade value. at present growth rates, says the bpi, cd

sales for calendar 1987 will reach 20

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step-by-step explanation: