In a USA Today survey of 510 people, 53% said that we should replace passwords with biometric security, such as fingerprints. The accompanying Stat-disk display results from a test of the claim that half of us say that we should replace passwords with biometric security. Identify the indicated values or interpret the given display. Use the normal distribution as an

In a USA Today survey of 510 people, 53% said that we should replace passwords with biometric security, such as fingerprints. The accompanying Stat-disk display results from a test of the claim that half of us say that we should replace passwords with biometric security.

Identify the indicated values or interpret the given display. Use the normal distribution as an approximation to the binomial distribution, as described in Part 1 of this section. Use a 0.05 significance level and answer the following:

a. Is the test two-tailed, left-tailed, or right-tailed?

b. What is the test statistic?

c. What is the P-value?

d. What is the null hypothesis, and what do you conclude about it?

e. What is the final conclusion?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...