1. To increase sales, a cereal company runs a promotion by placing a toy in some of the boxes of cereal they produce. They claim that the proportion of boxes with a toy is 0.25. A group of friends who each wanted a toy doubted that the proportion of boxes with a toy was 0.25 and thought that it might be less than that. As a group, the friends purchased 50 boxes and only 8 of the boxes had toys. Assume this is a random sample of all boxes of cereal produced by the company. Does the data provide convincing evidence at the 5% significance level that the proportion of cereal boxes with toys is less than the 25% claimed proportion? Use the four-step process. a) Step 1: b) Step 2: c) Step 3: d) Step 4: e) Interpret the p-value you found in step 3. ther Hemisphere an