Question: For each problem, show at minimum: 1) The null and alternative hypotheses, written using proper notation (2 points) 2) The test statistic calculation showing: the

For each problem, show at minimum: 1) The null and alternative hypotheses, written using proper notation (2 points) 2) The test statistic calculation showing: the letter of the test statistic (T or Z), the formula for the test statistic, the numbers filled into the formula, and the final result. Round Ztest test statistics to two decimals; round Ttest test statistics to three decimals. (4 points) 3) The rejection step showing BOTH the p-value approach (2 points) AND the CV approach (2 points). The rejection diagram is optional. You must show the proper p-value and proper CV, and the rejection rule (whether in numbers or with the diagram) that led you to your decision regarding the null hypothesis. State what happened to the null and the alternative hypotheses to get full credit. 4) Interpret the test result, referencing the alpha significance level (or percent confidence level), and answering all questions asked. (3 points)

6% of all Americans believe that trade with other countries creates jobs. An analyst wondered if this proportion is higher among Americans between 18 and 29 years of age. A random sample of 18-to-29-year-olds was taken. Out of the 220 people in the sample, 88 believed that trade with other countries creates jobs. Perform a hypothesis test at the = 0.05 significance level to determine whether the population proportion of 18-to-29-year-old Americans who believe trade creates jobs is higher than 36%.

please provide all the steps and diagrams

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