The Congressional Budget Office reports that 36% of federal civilian employees have a bachelor's degree or higher ( The Wall Street Journal ). A random sample of 120employees in the private sector...


The Congressional Budget Office reports that 36% of federal civilian employees have a bachelor's degree or higher (The Wall Street Journal). A random sample of 120employees in the private sector showed that 32 have a bachelor's degree or higher. Does this indicate that the percentage of employees holding bachelor's degrees or higher in the private sector is less than in the federal civilian sector? Use α = 0.05.


(a) What is the level of significance?


(b)What is the value of the sample test statistic? (Round your answer to two decimal places.)



Jun 01, 2022
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