How to conclude proportion has indeed changed

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Reference no: EM13123368

A decade-old study found that the proportion, p, of high school seniors who believed that "getting rich" was an important personal goal was 70%. A researcher decides to test whether or not that percentage still stands. He finds that, among the 230 high school seniors in his random sample, 159 believe that "getting rich" is an important goal. Can he conclude, at the 0.05 level of significance, that the proportion has indeed changed?

Reference no: EM13123368

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