Question
In: Statistics and Probability
Use the binomial formula to find the exact p-value (critical level) when the null hypothesis is...
Use the binomial formula to find the exact p-value (critical level) when the null hypothesis is p(success)≤ 0.3 and the alternative hypothesis is p(success)> 0.3 and 3 successes are observed in 25 independent trials.
Solutions
Expert Solution
P value = 0.9752
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