O Last year, 43% of business owners gave a holiday gift to their employees. A survey of business owners conducted this year indicates that 30% planned toprovide a holiday gift to their employees. Suppose the survey results are based on a sample of 70 business owners.a. How many business owners in the survey planned to provide a holiday gift to their employees this year? Round your answer to the nearest whole number.18b. Suppose the business owners in the sample do as they plan. Conduct a hypothesis test that can be used to determine whether the proportion of businessowners providing holiday gifts had decreased from last year.State the hypotheses.Hạ : p>0.43H.P-Select your answer0.43Compute the test statistic and p-value.-value(to 2 decimals)(to 4 decimals)pvalueC. Using a 0.05 level of significance, would you conclude that the proportion of business owners providing gifts decreased?Select your anewer Ho. WeSelect your answer conclude that the proportion of business owners providing gifts has decreased from last year tothis year.What is the smallest level of significance for which you could draw such a conciusion?(to 4 decimals)

Given, In a survey of 70 business owners, 30% planned to provide a holiday gift to their…

Last year, 43% of business owners gave a holiday gift to their employees. A provide a holiday gift to their employees. Suppose the survey results are bar a. How many business owners in the survey planned to provide a holiday gir 18 b. Suppose the business owners in the sample do as they plan. Conduct a hy owners providing holiday gifts had decreased from last year. State the hypotheses. Ho Pl : p 0.43 HpSelect your answer 0.43 Compute the test statistic and p-value. (to 2 decimals) fYalun