A random sample of 40 binomial trials resulted in 16 successes. Test the claim that the population proportion of successes does not equal 0.50. Use a level of significance of 0.05. Do you reject or fail to reject H0? Explain. At the = 0.05 level, we reject the null hypothesis and conclude the data are statistically significant. At the = 0.05 level, we reject the null hypothesis and conclude the data are not statistically significant. At the = 0.05 level, we fail to reject the null hypothesis and conclude the data are statistically significant. At the = 0.05 level, we fail to reject the null hypothesis and conclude the data are not statistically significant