(Answered) The following hypotheses are givenh0 p 40h1 p ne 40a

Statistics

The following hypotheses are given.

H0: p = .40
H1: p ≠ .40

A sample of 120 observations revealed that = .30. At the .05 significance level, can the null hypothesis be rejected?

a. State the decision rule.

b. Compute the value of the test statistic.

c. What is your decision regarding the null hypothesis?

Note: It is recommended that you use the five-step hypothesis procedure in solving the following problems.

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