Window Help O Fri Se ng.cengage.com MindTa... O O MINDTAP Q Search this cours gnment Hint(s) Check My Work Last year, 42% of business owners gave a holiday gift to their employees. A survey of business owners conducted this year indicates that 35% planned to provide a holiday gift to their employees. Suppose the survey results are based on a sample of 85 business owners. a. How many business owners in the survey planned to provide a holiday gift to their employees this year? Round your answer to the nearest whole number. 25 X b. Suppose the business owners in the sample do as they plan. Conduct a hypothesis test that can be used to determine whether the proportion of business owners providing holiday gifts had decreased from last year. State the hypotheses. Ho : P # *0.42 Ha : P = * 0.42 Compute the test statistic and p-value. z-value 1.17 * (to 2 decimals) P-value 0.1210 * (to 4 decimals) c. Using a 0.05 level of significance, would you conclude that the proportion of business owners providing gifts decreased? Do not reject Ho. We cannot conclude that the proportion of business owners providing gifts has decreased from last year to this year. What is the smallest level of significance for which you could draw such a conclusion? 0.0002 (to 4 decimals) Hide Feedback SEP 30 Si - * K O CO LO O LUJ