The probability that a rose bud blooms is p. In a random sample of 500 rose buds, 240 of them bloomed.     With the data obtained in a random sample, a hypothesis test at the 1% level of significance is carried out to determine whether p is different from 0.45.  c) What is the p-value of the test?                         d)Supporting your answer, state the conclusion of the test

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.3: Binomial Probability
Problem 2E: If a binomial experiment has probability p success, then the probability of failure is...
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The probability that a rose bud blooms is p. In a random sample of 500 rose buds, 240 of them bloomed. 

  

With the data obtained in a random sample, a hypothesis test at the 1% level of significance is carried out to determine whether p is different from 0.45. 

c) What is the p-value of the test?                        

d)Supporting your answer, state the conclusion of the test

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