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Consumers with credit scores below 600 have a very difficult time getting approved for car or...

Consumers with credit scores below 600 have a very difficult time getting approved for car or mortgage loans. Historically 17?% of people had a credit score below 600. Due to the recent financial? crisis, the federal government is concerned that this proportion has increased. To test this? hypothesis, a random sample of 500 people was chosen. From this? sample,102 people had credit scores less than 600. Using alpha? =0.05

a. Determine the critical value(s) of the test statistic

_______________(round to two decimal places)

Calculate the test statistic

___________(round to two decimals)

Determine the proper conclusion. Reject or do not reject H0

Determine the p-value ____________ (round to three decimal places)

math   Statistics-And-Probability   
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