A Catholic Priest Believes That a Higher Proportion of Women

question 118

Essay

A Catholic priest believes that a higher proportion of women in his congregation regularly attend services than the men in his congregation. He randomly selects 100 men and 100 women from his congregation and finds that 32 men and 48 women regularly attend.
A) Specify the competing hypotheses to test the priest's claim.
B) Calculate the value of the relevant test statistic.
C) Compute the p-value. Does the evidence support the priest's claim at the 1% significance level?

• A) Specify the competing hypotheses to test the priest's claim.
• B) Calculate the value of the relevant test statistic.
• C) Compute the p-value. Does the evidence support the priest's claim at the 1% significance level?

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Definitions:

Revised Article 3

An updated part of the Uniform Commercial Code dealing with negotiable instruments, such as checks.

Payable to Order

Refers to a financial instrument that is made payable to the specific order of a person or an entity.

Consumer Paper

Consumer paper consists of financial documents and instruments that reflect personal indebtedness, such as loans, mortgages, and credit agreements.

Holder in Due Course

A party that holds a negotiable instrument and has certain rights to payment not subject to defenses.