Question: Of a random sample of 199 auditors 104 indicated some
Of a random sample of 199 auditors, 104 indicated some measure of agreement with this statement: Cash flow is an important indication of profitability. Test at the 10% significance level against a two-sided alternative the null hypothesis that one-half of the members of this population would agree with this statement. Also find and interpret the p-value of this test.
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