A job-placing agency claims that 73% of their clients find full-time jobs within a month of using their services. In a random sample of 220 people, it was found that 76% were able to find full-time employment within a month of joining the agency. Perform a test to determine whether more than 73% of the clientsfind full-time employment. Use a significance level of 1%.
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Check all of the requirements that are satisfied.
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Identify the null and alternative hypotheses. Enter the parameter as a decimal.
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What type of hypothesis test should you conduct (left, right, or two-tailed)?
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Identify the appropriate significance level. Make sure to enter your answer as a decimal.
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Which calculator function should you use?
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Find the test statistic. Write the result below, and be sure to round your final answer to two decimal places.
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Find the critical value. Round your answer to 2 decimal places.
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Should you reject or not reject the null hypothesis?
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Select the statement below that best represents the interpretation.