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You are curious whether a drug's adverse reaction rate is different than 0.03. You investigate this claim by examining a study where 8 out of

You are curious whether a drug's adverse reaction rate is different than 0.03. You investigate this claim by examining a study where 8 out of 120 people developed an adverse reaction. Perform a hypothesis test at the alpha = 0.01 level. Report the p-value to at least at least 2 significant digits

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