Out of a sample of 500 college students at colleges and univ

Out of a sample of 500 college students at colleges and universities In San Antonio, 265 said it was \"very difficult\" or \"nearly impossible\" to find affordable rent within four miles of their respective schools. At 5% significance, can you conclude that more than ball of 5A college students think this way? During a bear market, 140 investors were asked how they were adjusting protect themselves. Some of these investors were keeping most of the Whereas others were shifting large amount of money to bonds, real accounts). The results of the survey are shown below.

Solution

total = 500

student said yes = 265

we have to say does majority with 0.05 significance say that is it difficult to get rent within 4km of respective school

as 256/500 = 53%

it is 3% more then the majority

also 0.05 significance means that within 5%

as the result is more then the majority by 3% which is less then the significance level

hence we can say that more than half of SA college thinks that way.