Use this information to answer the questions.

"Big Tech" companies, such as Amazon and Facebook, play a large role in the economy and society in general. There is growing debate about how much regulation should be imposed on these companies. The 2021 American Trends Panel randomly sampled 4,623 U.S. adults and asked whether they thought the government should regulate major technology companies. 2,358 said that they should. Do more than half of U.S. adults believe that the government should regulate major technology companies?

STATE: At the = 0.05 level, is there sufficient evidence to conclude that more than half of U.S. adults believe that the government should regulate major technology companies?

1)Obtain the value of the sample proportion. Round to 4 decimal places.

2)Write the calculated test statistic (including your calculations) and its associated P-value using the appropriate table, not from statistical software. Do not round any numbers used in your calculations for the test statistic, and round your final answer for the test statistic to two decimal places.

3)Answer the question posed in the STATE step in context. Do this by including these three parts in your conclusion:

Compare P-value with

-Decide whether to reject or fail to reject the null hypothesis - State your conclusion in context