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The US Census Bureau reports that 26% of all U.S business are owned by women. A Colorado consulting firm surveys a random sample of

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The US Census Bureau reports that 26% of all U.S business are owned by women. A Colorado consulting firm surveys a random sample of 410 businesses in the Denver area and finds that 115 of them have women owners. Should the firm conclude that the Denver area is unusual? Test an appropriate hypothesis and state your conclusions. a) State the appropriate null and alternative hypotheses: Hop=0.26 Hap [Select] 0.26 b) Test your hypotheses and make and justify a statistical decision using the significance level of 5%: p-value (rounded to 3 decimal places): [Select] decision: [Select] c) Interpret your decision in the context of the problem: Conclusion: There [Select] owners are women. evidence to [Select] the claim that the Denver area is unusual in how many business

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