8. We want to test Ho:p20.7288 versus H.:p<0.7288 at the 01 level of significance. We know that 602 of the 860 observations in the sample have the characteristic of interest (a) What is the standard error of the sample proportion? (Round to 5 digits after the decimal point) (b) What is the value of the test statistic? (Round to 2 digits after the decimal point) (c) What is the critical value of the test? (Round 3 digits after the decimal point) (d) Using the above information, do we reject, or not reject, H₂7 Answer-Reject- or -Not Reject-

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