In: Statistics and Probability
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.
or
Reject H0.