Question

A​ study, which randomly surveyed

3 comma 4003,400

households and drew on this information from the CRA​ (Canada Revenue​ Agency), found that

7777​%

of households have conducted at least one pension rollover from an​ employer-sponsored retirement plan. Suppose a recent random sample of

9090

households in a certain county was taken and respondents were asked whether they had ever funded a RRSP account with a rollover from an​ employer-sponsored retirement plan. Based on the sample data​below, can you conclude at the

0.010.01

level of significance that the proportion of households in the county that have funded an RRSP with a rollover is different from the proportion for all households reported in the​ study?

6464

respondents said they had funded an​ account;

2626

respondents said they had not

Calculate the test statistic.

Zequals=

​(Round to two decimal places as​ needed.)

Find the​ p-value.

​p-valueequals=

​(Round to four decimal places as​ needed.)

Determine a conclusion.

▼

Do not reject

Reject

Upper H 0H0.

There is

▼

sufficient

insufficient

evidence to conclude that the proportion of households in the county that have funded a RRSP with a rollover is different from the proportion for all households in the study.

Answer 1