Statistics FA 2021 Jarel Medina & | 12/03/21 3:36 PM Test: Chapter 8-10 Test Question 1 of 19 This test: 19 point(s) possible This question: 1 point(s) possible Submit test In a study of 825 randomly selected medical malpractice lawsuits, it was found that 480 of them were dropped or dismissed. Use a 0.01 significance level to test the claim that most medical malpractice lawsuits are dropped or dismissed OA. Ho P=05 OB. H: P> 0.5 H1: p 0.5 Hy p= 0.5 What is the test statistic? 2= (Round to two decimal places as needed.) What is the P-value? P-value = (Round to three decimal places as needed.) What is the conclusion about the null hypothesis? O A. Reject the null hypothesis because the P-value is less than or equal to the significance level, a. O B. Fail to reject the null hypothesis because the P-value is greater than the significance level, a. O C. Reject the null hypothesis because the P-value is greater than the significance level, a O D. Fail to reject the null hypothesis because the P-value is less than or equal to the significance level, a. Next