Question: In order to test if the population proportion differs from 0.40, you draw a random sample of 100 observations and obtain a sample proportion of

In order to test if the population proportion differs from 0.40, you draw a random sample of 100 observations and obtain a sample proportion of 0.48.

a. Specify the competing hypotheses.

b. Is the normality condition satisfied? Explain.

c. Calculate the value of the test statistic and the p-value.

d. At the 5% significance level, does the population proportion differ from 0.40? Explain.

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