Answer:
a. The given hypothesis test is right-tailed.
b. The P-value is 0.043633.
c. p-value ≥ α, therefore we accept H₀.
Step-by-step explanation:
Given information:
a.
Test statistic, z=1.71
Significance level, α=0.01
Testing claim is p>0.7.
Null hypothesis: [tex]H_0:p=0.7[/tex]
Alternative hypotheses: [tex]H_1:p>0.7[/tex]
Therefore the given hypothesis test is right-tailed.
b.
Significance level, α=0.01
Test statistic, z=1.71
The P-value for a right-tailed test, for a significance level of α=0.01 is 0.043633.
Therefore the P-value is 0.043633.
c.
If p-value < α, then we reject H₀.
If p-value ≥ α, then we accept H₀.
P-value is 0.043633.
α=0.01
Since p-value ≥ α, therefore we accept H₀.
