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Consider the following null and alternative hypotheses: H0: p=0.79versusH1: p does not equal 0.79 A random sample of600observations taken from this population produced a sample
Consider the following null and alternative hypotheses:
H0: p=0.79versusH1: p does not equal 0.79
A random sample of600observations taken from this population produced a sample proportion of0.84.
a.If this test is made at a2%significance level, would you reject the null hypothesis? Use the critical-value approach.
Enter the critical values in increasing order. Round your answer forzto two decimal places.
OBSERVED Z=?
CRITICAL VALUE=?
CRITICAL VALUE=?
b. Calculate the p-value for the test.
P-VALUE=?
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