Discussion:
Q1. Based on the Nielsen ratings, the local CBS affiliate claims its 11:00 PM newscast reaches 41% of the viewing audience in the area. In a survey of 100 viewers, 36% indicated that they watch the late evening news on this local CBS station.
a) What is the p-value?
b) What is the critical value if = 0.01?
Q2. What is the critical value for a one-tailed hypothesis test in which a null hypothesis is tested at the 5% level of significance based on a sample size of 25?