Question 2<18% of all college students volunteer their time. Is the percentage of college students who are volunteerssmaller for students receiving financial aid? Of the 313 randomly selected students who receive financialaid, 47 of them volunteered their time. What can be concluded at the a = 0.05 level of significance?>a. For this study, we should use Select an answerb. The null and alternative hypotheses would be:Ho: ? Select an answer ✓H₁: ? Select an answer ✓c. The test statistic ?d. The p-value =e. The p-value is ? ✓ af. Based on this, we shouldg. Thus, the final conclusion is that ...(please enter a decimal)(Please enter a decimal)(please show your answer to 3 decimal places.)(Please show your answer to 4 decimal places.)Select an answer the null hypothesis.O The data suggest the populaton proportion is significantly lower than 18% at a = 0.05, so thereis sufficient evidence to conclude that the percentage of financial aid recipients who volunteeris lower than 18%.O The data suggest the population proportion is not significantly lower than 18% at a = 0.05, sothere is insufficient evidence to conclude that the percentage of financial aid recipients whovolunteer is lower than 18%.O The data suggest the population proportion is not significantly lower than 18% at a = 0.05, sothere is sufficient evidence to conclude that the percentage of financial aid recipients whovolunteer is equal to 18%.

Given that Sample size n =313 Favorable cases x =47 NOTE:- According to bartleby guidelines expert…

Question 2 18% of all college students volunteer their time. Is the percentage of college students who are volunteers smaller for students receiving financial aid? Of the 313 randomly selected students who receive financial aid, 47 of them volunteered their time. What can be concluded at the a = 0.05 level of significance? a. For this study, we should use Select an answer b. The null and alternative hypotheses would be: Ho: ? v Select an answer ✓ H₁: ? Select an answer ✓ c. The test statistic?v= (please enter a decimal) (Please enter a decimal) (please show your answer to 3 decimal places.)