Question: H0: p = 0.6 versus H1: p < 0.6 n = 250; x = 124; = 0.01 Test the hypothesis using (a) The classical
n = 250; x = 124; α = 0.01
Test the hypothesis using
(a) The classical approach and
(b) The P-value approach.
Be sure to verify the requirements of the test.
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