Test the hypothesis using the P-value approach. Ho p=0.70 versus H₁: p<0.70 n = 150, x=95, α = 0.01 Perform the test using the P-value approach. P-value = (Round to four decimal places as needed.)

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.8: Probability
Problem 18E
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Test the hypothesis using the P-value approach.
Ho p=0.70 versus H₁: p<0.70
n = 150, x=95, α = 0.01
Perform the test using the P-value approach.
P-value = (Round to four decimal places as needed.)
2
Transcribed Image Text:Test the hypothesis using the P-value approach. Ho p=0.70 versus H₁: p<0.70 n = 150, x=95, α = 0.01 Perform the test using the P-value approach. P-value = (Round to four decimal places as needed.) 2
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