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A random sample of n = 1,400 observations from a binomial population produced x l!! USE SALT Calculate the appropriate test statistic. (Round your
A random sample of n = 1,400 observations from a binomial population produced x l!! 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 = 665 successes. You wish to show that p differs from 0.5. Do the conclusions based on a fixed rejection region of Izl 1.96 agree with those found using the p-value approach at a = 0.05? O Yes, both approaches produce the same conclusion. O No, the p-value approach rejects the null hypothesis when the fixed rejection region approach fails to reject the null hypothesis. O No, the fixed rejection region approach rejects the null hypothesis when the p-value approach fails to reject the null hypothesis. Should they? O Yes O No
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