A recent article in USA Today reported that a job awaits 33% ofnew college graduates. The major reasons given were anoverabundance of college graduates and a weak economy. A survey of200 recent graduates from your school revealed that 80 students hadjobs. At a 99% level of confidence, can we conclude that a largerproportion of students at your school have jobs?
(a) State the null and alternate hypothesis. (b) Determine whichdistribution to use for the test statistic, and state the level ofsignificance. (c) Calculate the necessary sample test statistics(d) Draw a conclusion and interpret the decision.
