core. 07 74 07 14+ allSwere Question 4 Test the claim that the proportion of people who own cats is smaller than 70% at the 0.01 significance level. The null and alternative hypothesis would be: Ho: p > 0.7 Ho: u 0.7 Ho:p=0.7 Ho : / = 0.7 Ho: p 0.7 Hj :p 0.7 O O O O O The test is: two-tailed left-tailed right-tailed Based on a sample of 800 people, 62% owned cats The test statistic is: (to 2 decimals) The p-value is: (to 2 decimals) Based on this we: O Reject the null hypothesis Fail to reject the null hypothesis