12) The "Trydint" bubble-gum company announces that 60% of people prefer their brand over the leading competitor. The competitor claims that the proportion is less than 60%. They test their claim at a 5% significance level by surveying 150 people. They find that only 56% prefer the "Trydint" brand. Determine: H 0 : H A p-value p = Decision: Reject H OR Do not reject H 0 0 Conclusion:

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