Question 968363: Use the given information to find the P-value. Also, use a 0.05 significance level and state the conclusion about the null hypothesis (reject the null hypothesis or fail to reject the null hypothesis).
With H1: p> 0.299, the test statistic is z = 1.12
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! Use the given information to find the P-value. Also, use a 0.05 significance level and state the conclusion about the null hypothesis (reject the null hypothesis or fail to reject the null hypothesis).
With H1: p> 0.299, the test statistic is z = 1.12
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p-value = P(z > 1.12) = normalcdf(1.12,100) = 0.1314
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Since the p-value is greater than 5%, fail to reject Ho.
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Cheers,
Stan H.
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