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7. You wish to test the conventional wisdom that the average age of an American voter...

7. You wish to test the conventional wisdom that the average age of an American voter is 49. You randomly select n = 36 voters, and find a sample mean of 53 with a sample standard deviation of 12.

a. Conduct a two-tailed hypothesis test using significance level ? = .05. Clearly state the hypotheses, the test statistic, the p-value, and your conclusion.

b. Construct a 95% confidence interval, and explain how the confidence interval confirms your results from part a.

c. Replicate the hypothesis test and construction of the confidence interval in part a and part b assuming instead that the sample size is n=25 (keeping all other information the same).

You are interested in evaluating whether 25 percent of Americans have a bachelor’s degree or higher (conventional wisdom). You survey n = 100 Americans, and find that 22 had a bachelor’s degree or higher.

a. Conduct a two-tailed hypothesis test using significance level ? = .05. Clearly state the hypotheses, the test statistic, the p-value, and your conclusion.

b. Construct a 95% confidence interval for the proportion of Americans with a bachelor’s degree or higher.

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