8. Organizations are relying more and more on social networking sites to research job candidates. According to CareerBuilder, 53% of organizations do not use these sites. A random sample of 160 organizations found that 68 of them do not use social networking sites to research job candidates. Use o=0.01 to determine that less than 53% of organizations do not use social networking sites to research job candidates. Answer the following questions. a. Identify the claim and state the Ho and H1. (1 Mark) b. Find the critical value. (1 Mark) 0. Calculate the test statistic. (1 Mark) d. Make a decision to reject or fail to reject the Ho. (1 Mark) e. Interpret the decision in the context of the original claim. (1 Mark) ['l'otal: 5 Marks] 7. ln 5 years, Pekan Dairy estimates it will need RM350,000 for a down payment to purchase a nearby farm. Find the amount that should be invested today to meet the down payment if funds earn 8% compounded quarterly. (2 Marks)