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QUESTION

A consulting firm had predicted that 35% of the employees at a large firm would take advantage of a new company Credit Union, but management is...

A consulting firm had predicted that 35% of the employees at a large firm would take advantage of a new company Credit Union, but management is skeptical. They doubt the rate is that high.A survey of 300 employees shows that 138 of them are currently taking advantage of the Credit Union

What conclusion do you reach?

a. Reject Ho and conclude that less than 35% are taking advantage of the Credit Union.

b. Fail to reject Ho and conclude that less than 35% are taking advantage of the Credit Union.

c. Fail to reject Ho and conclude that there is not enough evidence to conclude that less than 35% are taking advantage of the Credit Union.

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