(Step-by-Step) It is believed that no more than 40% of students have a student debt higher than $10,000. A survey of 64 students showed that 35 students


Question: It is believed that no more than 40% of students have a student debt higher than $10,000. A survey of 64 students showed that 35 students did have debts over $10,000. Does this contradict this $10,000 debt hypothesis. Test at 5% and also report the P-value.

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