Question: (Computer software or calculator is required.) Refer to Exercise.
a. What is the exact p-value for that situation?
b. What conclusion can be made about the hypotheses? Explain.
Exercise: Describe how to find the exact p-value in a test of H0: p = .25 versus Ha: p > .25 when the sample size is n = 50 and we have observed X = 17 successes. What probability distribution should be used? What is the interval of possible X values for which a probability must be found?