Question 461577
H[o]:<.05
p[o]=.05, q[o]=.95, n=100
(P-p[o])/sqrt((p[o]*q[o])/n)
=(.07-.05)/sqrt((.05*.95)/100)
=.02/.022
=0.91 the sample statistic.
Since alpha for a 0.01 significance level is greater than 2.33 and the sample statistic is 0.91 then the null hypothesis in not is not rejected.
.
Ed