Question: I keep getting hung up on this test statistic p value etc. can you break it down better than my book? You would like to

I keep getting hung up on this test statistic p value etc. can you break it down better than my book?

You would like to determine if the population probability of success differs from 0.70. You find 62 successes in 80 binomial trials. Implement the test at the 1% level of significance. (You may find it useful to reference the appropriate table: z table or t table) a. Select the null and the alternative hypotheses. He: P = 0.70; HA: P # 0.70 O He: P 0.70 Book O He: p 2 0.70; HA: P

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