Medicare
An economist wishes to test whether there is any difference in the proportion of households receiving Medicare for white households with less than $5,000 income per year and white households with $15,000 or more income per year.A random sample from households with less than $5,000 income per year is taken,and a random sample of households with $15,000 or more income is taken.The results of the samples are: $\begin{array} { | l | c c | } \hline & \text { Less than } \$ \mathbf { 5 , 0 0 0 } & \mathbf { \$ 1 5 , 0 0 0 } \text { or more } \\\hline \text { Sample size } & 200 & 150 \\\text { Medicare Recipients } & 157 & 139 \\\hline\end{array}$
-Use a 0.01 significance level to determine if there is sufficient evidence to conclude that a difference in proportions exists.What are the null and alternative hypotheses?
H₀: ____________________
H₁: ____________________

Question

Medicare
An economist wishes to test whether there is any difference in the proportion of households receiving Medicare for white households with less than $5,000 income per year and white households with $15,000 or more income per year.A random sample from households with less than $5,000 income per year is taken,and a random sample of households with $15,000 or more income is taken.The results of the samples are:

\begin{array} { | l | c c | } \hline & \text { Less than } \$ \mathbf { 5 , 0 0 0 } & \mathbf { \$ 1 5 , 0 0 0 } \text { or more } \\\hline \text { Sample size } & 200 & 150 \\\text { Medicare Recipients } & 157 & 139 \\\hline\end{array}

-Use a 0.01 significance level to determine if there is sufficient evidence to conclude that a difference in proportions exists.What are the null and alternative hypotheses?
H₀: ____________________
H₁: ____________________

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The Answer of Medicare An economist wishes to test whether there is any difference in the proportion of households receiving Medicare for white households with less than $5,000 income per year and white households with $15,000 or more income per year.A random sample from households with less than $5,000 income per year is taken,and a random sample of households with $15,000 or more income is taken.The results of the samples are: $$\begin{array} { | l | c c | } \hline & \text { Less than } \$ \mathbf { 5 , 0 0 0 } & \mathbf { \$ 1 5 , 0 0 0 } \text { or more } \ \hline \text { Sample size } & 200 & 150 \ \text { Medicare Recipients } & 157 & 139 \ \hline \end{array}$$ -Use a 0.01 significance level to determine if there is sufficient evidence to conclude that a difference in proportions exists.What are the null and alternative hypotheses? H₀: ____________________ H₁: ____________________

Medicare an Economist Wishes to Test Whether There Is Any

Medicare
an Economist Wishes to Test Whether There Is Any