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last year 48% of business owners gave a holiday gift to their employees. A survey of business owners conducted this year indicates that 38% planned

last year 48% of business owners gave a holiday gift to their employees. A survey of business owners conducted this year indicates that 38% planned to provide a holiday gift to their employees. Suppose the survey results are based on a sample of 70 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.

H0 : p _> 0.48

Ha : p < 0.48

Compute the test statistic and p-value.

z-value _____________ to 2 decimals

p-value______________ to 4 decimmals

What is the smallest level of significance for which you could draw such a conclusion?

_______________ to 4 decimals

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