A quality standard says that no more than 1 percent of the eggs sold in a store may be cracked (not broken, just cracked). In 5 cartons (12 eggs each carton), 5 eggs are cracked.

(a)Calculate ap-value for the observed sample result.Hint:Use Excel to calculate the binomial probabilityP(X 5 |n= 60,

= .01) = 1 -P(X 4 |n= 60,

= .01).(Round your answer to 4 decimal places.)

P(X 5)

(b)We fail to reject the null hypothesis at= .10.

• Yes
• No

(c)This sample shows that the standard is exceeded.

Yes