document.write( "Question 292053: The following hypotheses are given.
\n" ); document.write( "H0: p = 0.40
\n" ); document.write( "H1: p ≠ 0.40
\n" ); document.write( "A sample of 120 observations revealed that p = 0.30 At the 0.05 significance level, can the null hypothesis be rejected?
\n" ); document.write( "a. State the decision rule.
\n" ); document.write( "b. Compute the value of the test statistic.
\n" ); document.write( "c. What is your decision regarding the null hypothesis?
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Algebra.Com's Answer #211055 by stanbon(75887)\"\" \"About 
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The following hypotheses are given.
\n" ); document.write( "H0: p = 0.40
\n" ); document.write( "H1: p ≠ 0.40
\n" ); document.write( "A sample of 120 observations revealed that p = 0.30 At the 0.05 significance level, can the null hypothesis be rejected?
\n" ); document.write( "a. State the decision rule.
\n" ); document.write( "If z > 1.96 or less than -1.96, reject Ho.
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\n" ); document.write( "b. Compute the value of the test statistic.
\n" ); document.write( "z(0.30) = (0.30-0.40)/sqrt[0.4*0.6/120] = -2.2361
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\n" ); document.write( "c. What is your decision regarding the null hypothesis?
\n" ); document.write( "Since the test stat is in the reject interval, reject Ho.
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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