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Payne Inc. expects more than 86% of their customers will contribution to their donation bank. To test this expectation, 120 customers were observed and 108

Payne Inc. expects more than 86% of their customers will contribution to their donation bank. To test this expectation, 120 customers were observed and 108 of them contributed to the donation bank. Conduct a hypothesis test and state what the results allow us to conclude about Payne Inc.’s expectation. Use the p-value approach.

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