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A random sample of n = 1,000 observations from a binomial population contained 336 successes. You wish to show that p < 0.35. n

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A random sample of n = 1,000 observations from a binomial population contained 336 successes. You wish to show that p < 0.35. n = 1,000 and x = 336. You wish to show that p < 0.35. USE SALT Calculate the appropriate test statistic. (Round your answer to two decimal places.) Calculate the p-value. (Round your answer to four decimal places.) p-value = Do the conclusions based on a fixed rejection region of z < -1.645 agree with those found using the p-value approach at = 0.05? Yes, both approaches produce the same conclusion. No, the p-value approach rejects the null hypothesis when the fixed rejection region approach fails to reject the null hypothesis. No, the fixed rejection region approach rejects the null hypothesis when the p-value approach fails to reject the null hypothesis. Should they? Yes No

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