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

A quality standard says that no more than 5 percent of the eggs sold in a store may be cracked (not broken, just cracked). In 5 cartons (12 eggs each carton), 4 eggs are cracked.

(a)

Calculate ap-value for the observed sample result.Hint:Use Excel to calculate the binomial probabilityP(X 4 |n= 60,= .05) = 1 P(X 3 |n= 60,= .05).(Round your answer to 4 decimal places.)

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