Solved: State the decision rule, A sample of 100 observations revealed that p = 0.75. At the .05, Basic Statistics

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State the decision rule

Discuss the below:

Q: The following hypotheses are given:

H0: π 0.70
H1: π >0.70

A sample of 100 observations revealed that p = 0.75. At the .05 significance level, can the null hypothesis be rejected?

1. State the decision rule.

2. Compute the value of the test statistic.

3. What is your decision regarding the null hypothesis?

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Basic Statistics: State the decision rule

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Basic Statistics: State the decision rule

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