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Use the Given Information to Find the P -Value H1:p0.377H _ { 1 } : p \neq 0.377

question 7

Multiple Choice

Use the given information to find the P -value. Also, use a 0.05 significance level and state the conclusion about the null hypothesis (reject the null hypothesis or fail to reject the null hypothesis) . With H1:p0.377H _ { 1 } : p \neq 0.377 the test statistic is z=3.06 .


Definitions:

Local Government Revenue

The income generated by local governments from taxes, fees, and grants to fund public services and infrastructure.

Taxes in The U.S.

Various compulsory financial charges imposed by the government on individuals and organizations to fund public expenditures.

Proportional

Characterized by a constant relationship in degree or number between two variables.

Average Tax Rate

The proportion of total income that is paid as tax, calculated by dividing the total amount of tax paid by the total income.

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