A survey was undertaken by Bruskin/Goldring Research for Quickento determine how people plan to meet their financial goals in thenext year. Respondents were allowed to select more than one way tomeet their goals. Thirty-one percent said that they were using afinancial planner to help them meet their goals. Twenty-fourpercent were using family/friends to help them meet their financialgoals followed by broker/accountant (19%), computer software (17%),and books (14%). Suppose another researcher takes a similar surveyof 550 people to test these results.
a)Â Â If 183 people respond that they are going to use afinancial planner to help them meet their goals, is this proportionenough evidence to reject the 31% figure generated in theBruskin/Goldring survey using ? = 0.10.
The value of the test statistic is ________ & reject thenull hypothesis/ fait to reject the null hypothesis
There is/ is not enough evidence to declare that the proportionis any different/ not any different than 0.31
b)  If 143 respond that they are going to usefamily/friends to help them meet their financial goals, is thisresult enough evidence to declare that the proportion issignificantly lower than Bruskin/Goldring’s figure of 0.24 if? = 0.05?
The value of the test statistic is ________ & reject thenull hypothesis/ fait to reject the null hypothesis
There is/ is not enough evidence to declare that the proportionis any different/ not any different than 0.24
