(Solution Library) Families in Poverty. In 2000, 8.6% of all US. families incomes below the poverty level, as reported by the Census Bureau in Current Population Reports.
Question: Families in Poverty. In 2000, 8.6% of all US. families incomes below the poverty level, as reported by the Census Bureau in Current Population Reports. During that same year, of 400 randomly selected families whose house- holder had at least a Bachelor’s degree, 9 had incomes be- low the poverty level. At the 1% significance level, do the data provide sufficient evidence to conclude that, in 2000, the percentage of families that earned incomes below the poverty level was lower among those Whose householders had at least a Bachelor’s degree than among all US. families?
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