Consider the following hypothesis test: Ho:p = 0.20 H1:P (not equal) 0.20 [Two-Tailed] Given a sample of 400 with a sample proportion of p = 0.175, calculate the test statistic by hand. Determine the P-value and interpret the results at a significance level of α = 0.05. Provide a detailed solution. Explain the rejection rule for the Critical-Value Method and state your conclusion based on this method.

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Consider the following hypothesis test: Ho:p = 0.20 H1:P (not equal) 0.20 [Two-Tailed] Given a sample of 400 with a sample proportion of p = 0.175, calculate the test statistic by hand. Determine the P-value and interpret the results at a significance level of α = 0.05. Provide a detailed solution. Explain the rejection rule for the Critical-Value Method and state your conclusion based on this method.
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