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A company is willing to renew its advertising contract with a local radio station only if the station can convince them that more than 22% of the residents of the city have heard the ad and recognize the company's product. The radio station conducts a random phone survey of 610 people, and 144 can remember the ad. Complete parts a and b. A. Success/Failure Condition B. 10% Condition c. Randomization Condition Now identify the hypotheses for this hypothesis test. Let p be the proportion of the residents of the city who have heard the ad and recognize the company's product. Ho : P V VS. HA: P VO (Type integers or decimals. Do not round.) Now find the z test statistic. z= (Round to two decimal places as needed.) Now find the P-value. P-value = (Round to three decimal places as needed.) Determine whether the company should renew the contract. (Consider a P-value of 0.01 or less to represent strong evidence.) Since the P-value is 0.01, Ho. There is evidence that more than 22% of people remember the ad. The company renew the contract. Click to select your answer(s). ?A company is willing to renew its advertising contract with a local radio station only if the station can convince them that more than 22% of the residents of the city have heard the ad and recognize the company's product. The radio station conducts a random phone survey of 610 people, and 144 can remember the ad. Complete parts a and b. A. Success/Failure Condition B. 10% Condition c. Randomization Condition Now identify the hypotheses for this hypothesis test. Let p be the proportion of the residents of the city who have heard the ad and recognize the company's product. Ho : P VVS. HA : P VO (Type integers or decimals. Do not round.) Now find the z test statistic. z= (Round to two decimal places as needed.) Now find the P-value. P-value = (Round to three decimal places as needed.) Determine whether the company should renew the contract. (Consider a P-value of 0.01 or less to represent strong evidence.) Since the P-value is 0.01 , Ho. There is evidence that more than 22% of people remember the ad. The company V renew the contract. Click to select your answer(s)