Answer to Question #120616 in Statistics and Probability for Joseph Se

Question

1. In May 2011, Gallup asked 1,721 students in grades five through twelve if their school teaches them about money and banking. Researchers are interested in finding out if a majority of students receive such education. Which of the following is the correct set of hypotheses?

A. H0 :μ = 0.5; HA :μ > 0.5
B. H0 :p < 0.5; HA :p > 0.5
C.H0 :p = 0.5; HA :p > 0.5
D. H0: hat p = 0.5; HA: hat p is not equal to 0.5

Answer 1

C)The hypotheses test is given by $H0:p=0.5; HA:p>0.5$