The Institute of Education Sciences Measures the High School Dropout

question 77

Multiple Choice

The Institute of Education Sciences measures the high school dropout rate as the percentage of 16-through 24-year-olds who are not enrolled in school and have not earned a high school credential. Last year, the high school dropout rate was 8.1%. A polling company recently took a survey of 1,000 people between the ages of 16 and 24 and found that 6.5% of them are high school dropouts. The polling company would like to determine whether the dropout rate has decreased. At a 5% significance level, the p-value and α are ________.

• A) z = -2.052
• B) z = -1.8545
• C) z = 1.8545
• D) z = 2.052

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Definitions:

Computer Software

Programs and operational information that run on computers, directing the computer's hardware to perform specific tasks.

Computers

Electronic devices capable of executing a set of instructions to perform various tasks, including processing, storing, and displaying information.

Price

The total of money that is predicted, demanded, or delivered in settlement for a product.

Law of Demand

A principle in economics that states the quantity demanded of a good falls as the price rises, and vice versa, all else being equal.