It has been suggested that during thepandemic, close to 1 in 2 Canadians homeowners have done or are considering doing home renovations. This could be something as simple as painting aroom, or somethingmore, like remodelingakitchen. In a nationalsurvey, a random sample of 1510 Canadianhomeowners, in November2020 (Aacus Data), 666 homeowners reported that they haddone, or were planning to do some kind of home renovation in the next few months. Does it appear that less than 50% of Canadian homeowners have done or are considering homerenovations?

Thep-value is 0.0008. In the spacebelow, using a significance level of 10%, give:

(i) your brief conclusion and

(ii) your conclusion in the context of the problem.

The appropriate testassumptions/conditions were met and are satisfied.