Answer:
There is not sufficient evidence to conclude that the percentage of Americans that graduate from college has increased at the 0.05 level of significance.
Explanation:
Sample size, n = not given
Sample Proportion , P = 25%
Hypothesized proportion , P= 28%
p-value = 0.21
The level of significance = α = 0.05
Null hypothesis, H0: P = 28
Alternative hypothesis, Ha: P >28
To determine whether to reject or accept, we would use the decision rule:
If p-value is less than or equal to level of significance, reject the null hypothesis.
If p-value is not less than or not equal to level of significance, do not reject the null hypothesis.
Since p-value is greater than level of significance, we would accept the null hypothesis.
0.21 < 0.05
Conclusion:
There is not sufficient evidence to conclude that the percentage of Americans that graduate from college has increased at the 0.05 level of significance.