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Exercise 09.40 Algo (Population Proportion) Question 9 of 10 Check My Work (2 remaining) Last year, 49% of business owners gave a holiday gift to their employees. A survey of business owners conducted this year indicates that 40% planned to provide a holiday gift to their employees. Suppose the survey results are based on a sample of 55 business owners. a. How many business owners in the survey planned to provide a holiday gift to their employees this year? Round your answer to the nearest whole number. b. Suppose the business owners in the sample do as they plan. Conduct a hypothesis test that can be used to determine whether the proportion of business owners providing holiday gifts had decreased from last year. State the hypotheses. Ho : p - Select your answer - V 0.49 H. : p - Select your answer - v 0.49 Compute the test statistic and p-value. z-value (to 2 decimals) p-value (to 4 decimals) c. Using a 0.05 level of significance, would you conclude that the proportion of business owners providing gifts decreased? - Select your answer - V Ho. We - Select your answer- v conclude that the proportion of business owners providing gifts has decreased from last year to this year. What is the smallest level of significance for which you could draw such a conclusion? ( to 4 decimals) Check My Work (2 remaining)