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MyLab Math 10 - 52251[ Naik] Marwan ALdulaimi Test: Final part | 0 Question 3 > Score: 0 of 2 points Submit Test Suppose a

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MyLab Math 10 - 52251[ Naik] Marwan ALdulaimi Test: Final part | 0 Question 3 > Score: 0 of 2 points Submit Test Suppose a poll is taken that shows that 540 out of 1000 randomly selected, independent people believe the rich should pay more taxes than they do. Test the hypothesis that a majority (more than 50%) believe the rich should pay more taxes than they do. Use a significance level of 0.05. A. Ho: P= 0.50 Ha: P > 0.50 O B. Ho: P 0.50 O C. Ho: P= 0.54 Ha: P > 0.54 O D. Ho: P = 0.50 Ha : P # 0.50 Find the value of the test statistic z. z= (Round to two decimal places as needed.) Find the value of the corresponding p-value for this test statistic z . p-value = (Round to three decimal places as needed.) Do you reject or not reject the null hypothesis ? Reject Ho- Do not reject Ho- What is the correct interpretation of these results ? O A. The percentage of all people who believe the rich should pay more taxes is significantly more than 50%. O B. The percentage of all people who believe the rich should pay more taxes is not significantly more than 50%. Click to select your answer(s). Time Remaining: 02:24:32 Next MacBook Air 44 Dil 8 Y

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