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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.

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Expert Solution

P value = 0.9752

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