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According to an article in Forbes magazine of April 3, 2014, 57% of students said that...

According to an article in Forbes magazine of April 3, 2014,
57% of students said that they did not attend the college of their first
choice due to financial concerns. In a recent poll of 1600 students, 864 said
that they did not attend the college of their first choice due to financial
concerns. Using the critical value approach, perform a test of hypothesis
at a 2% significance level to determine whether the current percentage
of students who did not attend the college of their first choice due to
financial concerns is 57%.

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