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The following hypotheses are given. H 0 : p 0.24 H 1 : p > 0.24 A sample of 124 observations revealed that p=0.28. At
The following hypotheses are given.
H0: p 0.24
H1: p > 0.24
A sample of 124 observations revealed that p=0.28. At the 0.05 significance level, can the null hypothesis be rejected?
a) State the decision rule. (Round the final answer to 3 decimal places.)
Ho (State: reject or not reject) and H1(state: reject or accept) if z> ______
b) Compute the value of the test statistic. (Round the final answer to 2 decimal places.)
Value of the test statistic _______
c) What is your decision regarding the null hypothesis?
Ho (State: reject or not reject)
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