Question
Consider the following hypothesis test:
$\begin{array}{l} H _0: p \geq 0.75 \\ H _{ a }: p <0.75\end{array}$
A sample of 300 provided a sample proportion of 0.68.
i. Compute the value of the test statistic.
ii. What is the p-value?
iii. At $\alpha=0.05$, what is your conclusion?
iv. What is the rejection rule using critical value? What is your conclusion?
$\begin{array}{l} H _0: p \geq 0.75 \\ H _{ a }: p <0.75\end{array}$
A sample of 300 provided a sample proportion of 0.68.
i. Compute the value of the test statistic.
ii. What is the p-value?
iii. At $\alpha=0.05$, what is your conclusion?
iv. What is the rejection rule using critical value? What is your conclusion?