Last year 47 % , of business owners gave a holiday gift to their employees. A survey of business owners conducted this year indicates that 36% planned to provide a holiday gift to their employees. Suppose the survey results are based on a sample of 85 business owners.

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.

Compute the test statistic and p-value.

z -value (to 2 decimals) p -value (to 4 decimals) c. Using a level of significance, would you conclude that the proportion of business owners providing gifts decreased?

- Select your answer -Do not rejectRejectItem 6 . We - Select your answer -cancannotItem 7 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 decimals)

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