cONSUMERS WITH CREDIT below 600 have a very difficult time getting approved for car or mortgage loans. Historically 24% of people had a credit score below 600. due to the recent financial crisis, the federal government is concerned that this proportion has increased. To test this hypothesis, a random sample of 500 people was chosen. from this sample, 133 people had credit scores less than 600. Using the alpha=.10, complete parts a and b.

Determine the null and alternative hypotheseis

determine the critical value of the test statistic.

calculate the test statistic

determine the conclusion

determine the p-value