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What is the sample proportion and how did you find it

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Reference no: EM132385068

A claim is made that the proportion of college graduates majoring in accounting has decreased. A previous study indicated that 6.3% of college graduates majored in accounting. A study of 712 graduates found that 5.2% majored in accounting.

  1. What is the sample proportion and how did you find it?
  2. State the null and alternative hypothesis.
  3. Find the p-value on your TI calculator, report the commands and the value.
  4. What is the decision? How did you make that decision?
  5. What is the conclusion?

Reference no: EM132385068

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