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To ensure that the venture capital firm is not losing money, we can assess the average return of the startups. In the dataset, the binary
To ensure that the venture capital firm is not losing money, we can assess the average return of the startups. In the dataset, the binary variable 'Positive' checks whether each startup yielded a return greater than 0%. Using StatCrunch, perform a hypothesis test for whether the probability of a startup yielding a positive return is greater than 0.5. Use the critical value and the p-value approach at a 5% significance level. Include all the steps of hypothesis testing (hypotheses, decision rule
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