Do a majority of U S adults believe raising the minimum wage

Last updated: 7/13/2023

Do a majority of U S adults believe raising the minimum wage will help the economy or is there a majority who do not believe this A survey of 1 000 U S adults found that 39 believe it will help the economy Conduct an appropriate hypothesis test to help answer the research question Use a significance level of 0 05 State the null and alternative hypotheses Enter for as needed Ho p 50 HA P 50 Determine the test statistic Round your answer to two decimal places Determine the p value Round your answer to four decimal places p value Enter an exact number What is your conclusion O Reject Ho There is insufficient evidence to conclude either a majority of U S adults believe raising the minimum wage will help the economy or a majority don t believe this O Reject Ho There is sufficient evidence to conclude either a majority of U S adults believe raising the minimum wage will help the economy or a majority don t believe this O Fail to reject Ho There is insufficient evidence to conclude either a majority of U S adults believe raising the minimum wage will help the economy or a majority don t believe this 2 O Fail to reject Ho There is sufficient evidence to conclude either a majority of U S adults believe raising the minimum wage will help the economy or a majority don t believe this I need to use the appropriate appendix table or technology to answer this question