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Define the social security benefits

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Reference no: EM131461042

Question: The Social Security Administration is not expected to provide any increases in Social Security benefits for the second straight year (US News & World Report, October 4 , 2010). With increasing medical prices, it is claimed that more than 60% of seniors are likely to make serious adjustments to their lifestyle. Test this claim at a 1% level of significance if in a survey of 140 seniors, 90 reported that they have made serious adjustments to their lifestyle.

Reference no: EM131461042

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