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Test the claim that the proportion of people who own cats is larger than 50% at the 0.01 significance level. The null and alternative hypothesis would be: Ho:p =0.5 Ho:p > 0.5 Ho:/ > 0.5 Ho:p 0.5 H1 : p > 0.5 H1:p # 0.5 O O O O O O The test is: two-tailed left-tailed right-tailed O O Based on a sample of 100 people, 51% owned cats The p-value is: (to 2 decimals) Based on this we: O Fail to reject the null hypothesis O Reject the null hypothesis