The Institute of Education Sciences measures the high school dropout rate as the percentage of 16-through 24-year-olds who are not enrolled in school and have not earned a high school credential. Last year, the high school dropout rate was 8.1%. A polling company recently took a survey of 1,000 people between the ages of 16 and 24 and found that 6.5% of them are high school dropouts. The polling company would like to determine whether the dropout rate has decreased. At a 5% significance level, the p-value and α are ________.
A) p-value = 0.0210 and α = 0.05
B) p-value = 0.0318 and α = 0.05
C) p-value = 0.0210 and α = 0.025
D) p-value = 0.0318 and α = 0.025
Correct Answer:
Verified
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