Use the One-Proportion Z-Test to Perform the Required Hypothesis Test

question 74

Essay

Use the one-proportion z-test to perform the required hypothesis test. Use the P-value approach.
-A research group claims that less than 28% of students at one medical school plan to go into general practice. It is found that among a random sample of 120 of the school's students, 20% of them plan to go into general practice. At the 0.10 significance level, do the data provide sufficient evidence to conclude that the percentage of all students at this school who plan to go into general practice is less than 28%?

Comprehend the impact of trade agreements on market access and economic growth.

Evaluate the trade-offs between protecting domestic industries and consumer welfare.

Understand the balance between imports and exports in trade dynamics.

Assess the role of exchange rates in international trade.

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Definitions:

MacPherson v. Buick

A landmark court case that established the principle that manufacturers owe a duty of care to not only the purchasers of their products but also to the users.

Foreseeable Plaintiff

A concept in tort law referring to an individual who could be reasonably expected to be harmed by the defendant's actions or negligence.

Duty Of Care

Duty of care is a legal obligation imposed on individuals to take reasonable care of others to avoid causing harm or loss.

Manufacturing Defect

A flaw in a product that arises from a mistake in the manufacturing process, making it dangerous or defective.