Question

The Institute of Education Sciences measures the high school dropout rate as the percentage of 16-through 24-year-olds who are not enrolled in school and have not earned a high school credential. Last year, the high school dropout rate was 8.1%. A polling company recently took a survey of 1000 people between the ages of 16 and 24 and found that 6.5% of them are high school dropouts. The polling company would like to determine whether the dropout rate has decreased. At a 5% significance level, the decision is to Multiple Choice reject Ho: we can conclude that the high school dropout rate has decreased reject Ho: we cannot conclude that the high school dropout rate has decreased do not reject Ho: we can conclude that the high school dropout rate has decreased do not reject Ho we cannot conclude that the high school dropout rate has decreased

Answer 1

From the given information,

By using calculator,

P-value= 0.03 < level of significance (0.05)

Hence,

Reject Ho; We can conclude that the high school dropout rate has decreased.

i.e., First option is correct.

Thank you.

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