Explore BrainMass

Hyopthesis testing

An urban planner claims that, nationally, 20 percent of all families renting condominiums move during a given year. A random sample of 200 families renting condominiums in Dallas revealed that 56 had moved during the past year. At the .01 significance level, does this evidence suggest that a larger proportion of condominium owners moved in the Dallas area? Determine the p-value.