In a study of 795 randomly selected medical malpractice lawsuits, it was found that 506 of them were dropped or dismissed. Use a 0.05 significance level to test the claim that most medical malpractice lawsuits are dropped or dismissed. Which of the following is the hypothesis test to be conducted?О А. Но: р30.5ОВ. Но: р> 0.5H1: p<0.5H1: p= 0.5O C. Ho: p<0.5D. Ho: p=0.5H1: p= 0.5H1: p#0.5*E. Ho: p= 0.5OF. Ho: p+0.5H1: p>0.5H1: p= 0.5What is the test statistic?(Round to two decimal places as needed.) What is the P-value?P-value =(Round to three decimal places as needed.)

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Description: In a study of 795 randomly selected medical malpractice lawsuits, it was found that 506 of them were dropped or dismissed. Use a 0.05 significance level to test the claim that most medical malpractice lawsuits are dropped or dismissed. Which of the

Given Data: p^=xn=506795=0.6365 n=795 p=0.5

Answered: In a study of 795 randomly selected…

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In a study of 795 randomly selected medical malpractice lawsuits, it was found that 506 of them were dropped or dismissed. Use a 0.05 significance level to test the claim that most medical malpractice lawsuits are dropped or dismissed.

Which of the following is the hypothesis test to be conducted?
О А. Но: р30.5
ОВ. Но: р> 0.5
H1: p<0.5
H1: p= 0.5
O C. Ho: p<0.5
D. Ho: p=0.5
H1: p= 0.5
H1: p#0.5
*E. Ho: p= 0.5
OF. Ho: p+0.5
H1: p>0.5
H1: p= 0.5
What is the test statistic?
(Round to two decimal places as needed.)

What is the P-value?
P-value =
(Round to three decimal places as needed.)

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