K In a study of 779 randomly selected medical malpractice lawsuits, it was found that 503 of them were dropped or dismissed. Use a 0.01 significance level to test the claim that most medical malpractice lawsuits are dropped or dismissed. E. Ho: P<0.5 H₁: p=0.5 What is the test statistic? z = 8.13 (Round to two decimal places as needed.) What is the P-value? P-value= (Round to three decimal places as needed.) (...) OF. Ho:p>0.5 H₁: p=0.5 √₁ (1,1) 1 X

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In a study of 779 randomly selected medical malpractice lawsuits, it was found that 503 of them were dropped or
dismissed. Use a 0.01 significance level to test the claim that most medical malpractice lawsuits are dropped or
dismissed.
E. Ho: P<0.5
H₁: p=0.5
What is the test statistic?
z = 8.13
(Round to two decimal places as needed.)
What is the P-value?
P-value= 0
(Round to three decimal places as needed.)
(...)
F. Ho:p>0.5
H₁: p=0.5
(C,D)
1
X
Transcribed Image Text:K In a study of 779 randomly selected medical malpractice lawsuits, it was found that 503 of them were dropped or dismissed. Use a 0.01 significance level to test the claim that most medical malpractice lawsuits are dropped or dismissed. E. Ho: P<0.5 H₁: p=0.5 What is the test statistic? z = 8.13 (Round to two decimal places as needed.) What is the P-value? P-value= 0 (Round to three decimal places as needed.) (...) F. Ho:p>0.5 H₁: p=0.5 (C,D) 1 X
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