7. Suppose that we are testing Ho:p=0.3 vs Haip<0.3. We found a test statistic of -2.135. a) Find the p-value. Round to 4 decimal places. b) What is your decision at a 5% significance level?

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7. Suppose that we are testing Ho:p=0.3 vs Haip<0.3. We found a test
statistic of -2.135.
a) Find the p-value. Round to 4 decimal places.
b) What is your decision at a 5% significance level?
Transcribed Image Text:7. Suppose that we are testing Ho:p=0.3 vs Haip<0.3. We found a test statistic of -2.135. a) Find the p-value. Round to 4 decimal places. b) What is your decision at a 5% significance level?
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