The following hypotheses are given. H0 : π ≤ 0.81 H1 : π > 0.81 A...

The following hypotheses are given.

H₀ : π ≤ 0.81
H₁ : π > 0.81

A sample of 80 observations revealed that p = 0.86. At the 0.10 significance level, can the null hypothesis be rejected?

State the decision rule. (Round your answer to 2 decimal places.)

Reject H0 if z > _____.

Compute the value of the test statistic. (Round your answer to 2 decimal places.)

Value of the test statistic: _____

What is your decision regarding the null hypothesis?

Do not reject H₀.

Reject H₀.

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Expert Solution

orchestra answered 1 year ago

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