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    Statistics
  3. Study Set
    Introduction to Probability and Statistics
  4. Exam
    Exam 9: B: large-Sample Tests of Hypotheses
  5. Question
    Business Graduates Earnings Narrative
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Business Graduates Earnings Narrative

Question 21

Question 21

Short Answer

Business Graduates Earnings Narrative
A professor claims that 70% of business graduates earn more than $45,000 per year. In a random sample of 300 graduates, 195 earn more than $45,000.
-Refer to Business Graduates Earnings Narrative. Compute the p-value for the test.

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