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A retailer has received a large shipment of TV sets.He decided to reject the shipment provided there is evidence to suggest that the shipment contains
A retailer has received a large shipment of TV sets.He decided to reject the shipment provided there is evidence to suggest that the shipment contains more than 5% non-acceptable items.The retailer found 14 non-acceptable items in a random selection of 160 items.At 1% level of significance, what is the retailer';s decision using the p-value approach
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