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Suppose a poll is taken that shows that 281 out of 500


Taxes

Suppose a poll is taken that shows that 281 out of 500 randomly selected, independent people believe the rich should pay more taxes than they do.

Test the hypothesis that a majority (more than 50%) believe the rich should pay more taxes than they do. Use a significance level of 0.05.

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Basic Statistics: Suppose a poll is taken that shows that 281 out of 500
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