Question: State the null and alternative hypotheses, find the P - Value, find the critical value, should we reject Ho, or should we fail to reject

State the null and alternative hypotheses, find the P - Value, find the critical value, should we reject Ho, or should we fail to reject Ho at 5% level of significance (why or why not?) in the following situations: a. The test statistic of Z = 1.09 is obtained when testing the claim that p > 0.3

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2. Information that comes most readily to mind (availability).

3. An initial value (anchoring).

4. Similarity (representativeness).