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Confidence in banks: A news poll conducted in 2012 asked a random sample of 1358 adults…


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Confidence in banks: A news poll conducted in 2012 asked a random sample of 1358 adults…

Confidence in banks: A news poll conducted in 2012 asked a random sample of 1358 adults in the United States how much confidence they had in banks and other financial institutions. A total of 149 adults said that they had a great deal of confidence. An economist claims that less than 13% of U.S. adults have a great deal of confidence in banks. Can you conclude that the economist’s claim is true? Use both the a=0.10 and a = 0.01 levels of significance and the P-value method with the table. Part: 0/5 Part 1 of 5 State the appropriate null and alternate hypotheses. H: H: P х This hypothesis test is a (Choose one) test. right-tailed left-tailed two-tailed
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