00:01
Okay, so an old study said that the proportion of high school seniors who believed getting rich was important was 0 .75.
00:07
And we want to see if that is still true.
00:10
So they take a sample of 230 high school seniors and 190 of them believe that getting rich is important.
00:22
So that sample proportion p hat would be x over n.
00:28
So that would be 190 over 230.
00:31
Which is 0 .826.
00:37
Okay.
00:38
So we're going to perform a two -tail test to test if this is still true.
00:44
So this is the null hypothesis, right, that the proportion is still equal to 0 .75.
00:50
The alternative is going to be that p is not equal to .75.
00:56
That's me doing a two -tail test, right? i'm going to use a z test statistic because it's proportions.
01:07
So this is a one proportion z test for proportions.
01:14
So here's the formula for that.
01:17
P -hat minus p from the null hypothesis divided by the square root of p from the null hypothesis times one minus that value over n...