Find the P-Value for the Indicated Hypothesis Test

question 37

Multiple Choice

Find the P-value for the indicated hypothesis test.
-A medical school claims that more than 28% of its students plan to go into general practice. It is found that among a random sample of 130 of the school's students, 39% of them plan to go into
General practice. Find the P-value for a test of the school's claim.

• A)0.0026
• B)0.9974
• C)0.1635
• D)0.0052

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Definitions:

Postemployment Benefits

Benefits, including pension plans and healthcare, that an employee is entitled to upon retirement or termination of service.

Actuarial Information

Data and analysis provided by actuaries, involved in assessing risks and uncertainties, particularly in the insurance and finance industries.

Pension Fund

A pool of funds accumulated from contributions to provide retirement benefits to employees.

Interest Rate

The percentage of a loan amount charged by the lender to the borrower for the use of money, expressed as a yearly rate.