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Heritage Union has said that 66% of U.S. adults have purchased life insurance. Suppose that for...

Heritage Union has said that 66% of U.S. adults have purchased life insurance. Suppose that for a random sample of 70 adults from a given U.S. city, a researcher finds that only 58% of them have purchased life insurance. At the 0.05 level of significance,

is there statistically significant evidence to show that the percent of the population with life insurance is significantly lower than the 66% that Heritage Union reported? Enter in the p-value you found for this analysis.

Math   Statistics-And-Probability   
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That is , there is insufficient evidence to conclude that the percent of the population with life insurance is significantly lower than the 66% that Heritage Union reported.

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