Question: Consider the following hypotheses: H 0 : p < 0.24 H 1 : p > 0.24 Given that p = 0.277, n = 130, and

Consider the following hypotheses:

H0: p < 0.24

H1: p > 0.24

Given that p = 0.277, n = 130, and σ = 0.05, answer the following questions:

a. What conclusion should be drawn?

b. Determine the p value for this test.

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