Question

Privacy issues: In a Fall 2014 Pew Research survey, 25% of American adults say they are "not at all confident" that the records of their activity maintained by credit card companies will remain private and secure. With numerous data breaches since then, a consumer group is interested in determining whether the proportion has increased this year. They select a random sample of 300 adults and find that 30% state they are not at all confident. After conducting the hypothesis test for p = 0.25 compared to p > 0.25 . we obtain a -value of 0.023. Which of the following interpretations of the -value is correct? There is a % chance that 25% of American adults say they are not at all conħdent that the records of their activity maintained by credit companies will remain private and secure. There is a 2.3% chance that 30% or more of a sample of 300 American adults say they are not at all confident that the records of their activity maintained by credit card companies will remain private and secure it 25% of Americans are not at all confident this year. There is a % chance that 30% or more of American adults say they are not at all confident that the records of their activity maintained by credit card companies will remain private and secure if assume 25% of American adults are not at all confident in 2014. There is a 2.3% chance that 30% of American adults say they are not at all confident that the records of their activity maintained by credit card companies will remain private and secur

Answer 1

There is a 2.3% chance that 30% or more of a sample of 300 American adults say they are not at all confident that the records of their activity maintained by credit card companies will remain private and secure if 25% of Americans are not at all confident this year. Answer:

Explanation:

The null hypothesis is “the percentage of American adults say they are not at all confident that the records of their activity maintained by credit card companies will remain private and secure is 25%. If this is true, there is a 2.3% chance that a sample of 300 American adults will have 30% or more who say they are not at all confident.