A statistician read that at least 76% of the population oppose replacing $1 bills with $1 coins. To


Question: A statistician read that at least 76% of the population oppose replacing $1 bills with $1 coins. To see if this claim is valid, the statistician selected a sample of 100 people and found that 54 were opposed to replacing the $1 bills. At alpha = 0.01, test the claim that at least 76% of the total population are opposed to the change. Is there enough evidence to reject the claim?

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Answer: The solution file consists of 2 pages
Deliverables: Word Document

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