State the conclusion in context of problem

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The Gordon S Black Corporation surveyed 439 working parents: 320 of those surveyed said that one parent would stay at home if money were not a factor(Democrat and Chronicle, November 28, 1988). Is there sufficient evidence to conclude that p, the population proportion who would stay at home, is greater than 0.70? Use a=0.02.

a) What are the Ho and HA?

b) What is the p-value?

c) State the conclusion in context of this problem.

Reference no: EM132188530

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