Interpret the p-value in context of the problem


Undergraduate Enrollment It has been found that 85.6% of all enrolled college and university students in the United States are undergraduates. A random sample of 500 enrolled college students in a particular state revealed that 420 of them were undergraduates. Is there sufficient evidence to conclude that the proportion differs from the national percentage? Use α= 0.05

Are conditions satisfied? (Explain.)

What is value of the test statistic? (Show your work.)

What is the p-value?
Interpret the p-value in context of the problem:

Statistical decision:

Did you find the evidence problem was looking for?

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Basic Statistics: Interpret the p-value in context of the problem
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