You may need to use the appropriateappendix tableortechnologyto answer this question.Consider the following hypothesis test.

H₀:p0.75

H_a:p< 0.75

A sample of300items was selected. Compute thep-value and state your conclusion for each of the following sample results. Use

= 0.05.

(a)

p=0.68

Find the value of the test statistic. (Round your answer to two decimal places.)Find thep-value. (Round your answer to four decimal places.)p-value = State your conclusion.

Do not rejectH₀. There is insufficient evidence to conclude thatp< 0.75.RejectH₀. There is insufficient evidence to conclude thatp< 0.75. RejectH₀. There is sufficient evidence to conclude thatp< 0.75.Do not rejectH₀. There is sufficient evidence to conclude thatp< 0.75.