Complete the missing value in the solution to the equation.
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Answer:
Step-by-step explanation:
Let p be the population proportion for the graduates from private nonprofit colleges in the region had at least one outstanding student loan at the time of graduation.
Given : Tristan is an administrator for a private nonprofit college and read a surprising statistic that 74% of graduates from private nonprofit colleges in the region had at least one outstanding student loan at the time of graduation.
i.e.
He believes that percentage is high and claims that the proportion of graduates at his college is less than the regional rate.
i.e.
Since, the null hypothesis is a statement which always takes equal sign or generally shows " no difference " where as alternative hypothesis takes unequal signs.
Then, the null and alternative hypotheses for this hypothesis test :-